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2 October 2024 | 1 reply
Other empty drugstores are becoming plasma collection centers, thrift stores, and car washes.While repurposing drugstores can be challenging, especially when dealing with building design and community concerns, their prime locations make them ideal for creative reuse.
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1 October 2024 | 12 replies
With Baselane, you can easily track income, expenses, and rent payments, which gives you clear insights into your financial health.
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2 October 2024 | 6 replies
My hangup is that even though the HOA is not allocating $85k for the reserved this year, they will have over $200k in reserves (over 20% of the $850k budget) Everything else has been cleared by the underwriter (insurance policy, occupancy rate, ect..) but I am concerned this deal will fall through because of this issue.
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1 October 2024 | 4 replies
I'm ok with that but concerned about liability.
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2 October 2024 | 11 replies
I am concerned about the 5 yr PPP because I would like to refinance to a lower rate at least within 3 years.
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1 October 2024 | 8 replies
This would obviously be contingent on a thorough inspection.Asking price: 1075000Annual Rent: 139kVacancy reported: 5%Insurance: 5900Maintenance: 10kTaxes: 4kUtilities: 15,600_____________________________Total Expense: 35500working on financing this week but I understand I'd be at around 6.5%My biggest concern is DOM and major repairs needed.
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1 October 2024 | 0 replies
Share your experiences or concerns about investing in rental properties.
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3 October 2024 | 7 replies
But I am also having a lot of booked guests concerned about their upcoming stays because of the two storms currently brewing.I've thought of self-insuring but I've been able to find policies with good coverage that also cover the loss of income.