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12 September 2024 | 4 replies
We could sell that house by itself, but it would be sold under a land in common agreement and an HOA would need to be formed.I also confirmed with the Public Works department that a 2nd driveway can go in, with a septic designer that there's room for second septic tank, and with the public water company that they can tap into the main water line from one of the neighboring roads.I'm sure there are some more details that I would need to iron out that the code officer didn't bring up, but the high level answer I was looking for is that my town does allow selling off a second house under the LD 2003 legislation.
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11 September 2024 | 9 replies
What type or level depends some on how much $$ (or % or raise) they still need to raise, AND if the likelihood of achieving that part of the raise is high, or just not very unlikely.
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12 September 2024 | 4 replies
I am not for gouging people, and there are good tenants at all price points, but at a very general level, lower rent draws lower end tenants.
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11 September 2024 | 4 replies
They go through the various levels and options available in Multifamily Investing.
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11 September 2024 | 20 replies
And seeing as it's an organization level with so much staffing we need HR, middle managers and organization managers.So now we are at a place that the staffing "suck" eat's up the revenue of a couple K doors, so we need more doors to make up for that, AND as we add doors we add more staffing requirements, which add's more "$-suck" so need more doors to get over that and it's a lovely feedback loop.......
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11 September 2024 | 4 replies
That means higher investor level prices and thinner margins.
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12 September 2024 | 6 replies
If the issues seem overwhelming and beyond your comfort level, it might be wise to pass on this property and look for a newer one that aligns better with your experience and budget.
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10 September 2024 | 3 replies
I don't like that their website only talks about "project level returns".
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12 September 2024 | 0 replies
Investor Consequences: Restricted Cash Flow Growth: Investors may experience reduced income over time since rent increases are typically capped below market levels.
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11 September 2024 | 15 replies
As a private lender myself, this is something we routinely fund in my markets because of this lower asset levels.