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18 December 2024 | 6 replies
I'm not the fair housing landlord expert but I'd probably steer away from referring to it as "veteran housing"Either way I can relate to your situation a little because I also own a house that is shared by multiple people.
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7 December 2024 | 1 reply
Hey everyone,For those in the real estate game, how do you track your property expenses, labor, and other details during the renovation process, especially when managing multiple properties simultaneously (e.g., 3-5 houses)?
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13 December 2024 | 10 replies
However, in such a case, a rescue fund would hold a superior position in the capital structure compared to the common equity investors, including yourselves and there acting as a parasite taking equity upside from all common equity investors.While this might provide a safer position for the pref equity slash rescue fund, it would also significantly impact the returns for common equity investors (previous guys).
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18 December 2024 | 9 replies
You'll also need to be listed on more than just Airbnb, and they are the only platform that allows multiple checking accounts listed.
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17 December 2024 | 1 reply
Work Quality:I hired professionals to inspect the work, and they found multiple issues and evidence of negligence in the construction.
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13 December 2024 | 3 replies
The current use of the property as a two-family dwelling significantly impacts its value and marketability, which is distinct from single-family homes.The initial appraisal comparing your property to single-family homes is likely an oversight, as multifamily properties are evaluated differently due to factors like rental income potential and investor interest.
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14 December 2024 | 6 replies
DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?
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16 December 2024 | 1 reply
An entity that operates hundreds or thousands of apartment units has far less concentration risk than an owner of a few rental homes, whose tenants may all be impacted by COVID-19.Do you think Portland’s ten-year trend of positive economic growth for landlords will continue, or will it flatten out, possibly even declining in the wake of COVID-19?
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16 December 2024 | 23 replies
@Celine Li Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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19 December 2024 | 13 replies
Some states like california you can do trust deeds where you break off the loan into multiple pieces.All of these will require significant capital to scale with your own funds.