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8 February 2025 | 10 replies
You can find out what association the inspector is affiliated with or complain to the state licensing department.
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17 January 2025 | 1 reply
My suggestion is to find some real estate industry surveys (via CBRE or others) and look for the MF cap rates in various cities/states/regions.
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11 February 2025 | 11 replies
I have always been a believer in getting as much money as possible from the tenant before evicting them to minimize the costs associated with turning a unit because where I work, in an older city with a ton of small multifamilies, those costs can add up even in the best of times.
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28 January 2025 | 14 replies
Quote from @Fiona Brown: LOL @Chris SeveneyHe has picked who he wants to deal with So I thought I would ask as I cannot find ANY reviews... and I have picked mine :) Which is you LOL as I found heaps good reviews for youWe have a call with your associate tomorrow for my pick at 10 am Not sure who we speaking to as 2 people have emailed the times Katie KlezekToni Shackelfordok, I am blushing...
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11 February 2025 | 30 replies
However, the challenge with MTRs lies in the CC&R (Covenants, Conditions, and Restrictions) and HOA (Homeowners Association) regulations.To proceed with MTRs, it's crucial to carefully review the CC&R to ensure that leasing out a portion of the lot to tenants is permissible.
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1 February 2025 | 6 replies
The market between the 2 locations & resident class (Especially if you plan to self mange or find a PM company), Your future goals and the costs associated with moving and transferring to a new hospital.
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17 February 2025 | 24 replies
Some great options include:Drip Coffee Makers – These are a classic choice, easy to use, and allow guests to brew multiple cups at once.Single-Serve Coffee Makers (non-Keurig) – If you want to avoid the pod waste associated with Keurig, there are many single-serve options that use reusable pods or grounds.French Press – A great option for guests who enjoy a more hands-on brewing experience.Espresso Machines – Ideal for guests who appreciate a high-quality espresso or latte.It’s important to consider your guest demographic and what fits best with your property’s vibe and available space!
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14 February 2025 | 11 replies
I understand realtors are basically private contractors and they o my get what they put in but with how the market is I don’t want to invest in my license and the fees and programs that are associated with it if I’m bleeding money
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12 January 2025 | 8 replies
Regarding the condo/townhome situation in Fort Myers vs Bonita Springs, I would say the more important things to focus on would be the association fees charged, what is included in those, and the rental restrictions of the association.
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27 January 2025 | 3 replies
Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.