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13 October 2024 | 9 replies
I help fund a large project out of the springs where it was bought prior to approvals but it was already properly zoned so it was just prosecuting the map under the given zoning and that still took a few years.
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13 October 2024 | 3 replies
Make sure the vents or fans are clean and working properly.
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14 October 2024 | 2 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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11 October 2024 | 11 replies
Gino Thanks Gino, Hi Matthew, without being able to do separate deeds, the 12 plex would likely be the most cost efficient but you will also need to consider the layout of the overall property, where as two 6 plexes may lay out better and more functional, and therefore attract a higher rent and desirability.
12 October 2024 | 2 replies
Before you select one, however, it’s important to assess the features and cost to make sure you choose the best one for your needs.Here are several things to consider when evaluating net worth trackers:Features and functionality: Some apps are very basic, while others offer more functionality.
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14 October 2024 | 9 replies
I do look to grow beyond two properties, but not necessarily at a rapid pace.Finally, if I were to do this, what are the proper steps in forming an LLC and then transferring them into that entity?
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18 October 2024 | 29 replies
If they indicate they will leave a positive review, the survey will direct them to the proper OTA to leave that positive review.If they indicate they will leave less than a 5-star review, trigger an email to the host/assistant for immediate follow-up.
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16 October 2024 | 32 replies
Screen tenants properly or pay a good PM to do it for you3.
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12 October 2024 | 2 replies
They should be doing a load calculation, taking into account insulation and window type if I'm recalling how it works properly.
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11 October 2024 | 13 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.