Melissa Odom
Needing Advice on Commercial Project
7 February 2025 | 7 replies
I have ideas of the values, but nothing based on anything concrete.If I take out a construction loan, how do I pay for the construction loan during the process?
Erica Dike
Not All Designers Get STRs—Here’s How to Hire the Right One
6 February 2025 | 9 replies
Especially #4 about durability.Do you charge your clients a flat fee based on size/price per sqft for your services, or % of spend?
Dave Kohl
Researching More Than The Numbers
31 January 2025 | 1 reply
If the numbers don't work for expanding the building, explore the potential based on the current space.
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
If its the business then asset based lenders may be interested.
Gutta Bunni
Saint Louis Missouri property miner and managers
29 January 2025 | 3 replies
Louis, Missouri-based property manager seeking investors and opportunities to property Tenant screening, lease negotiation, property maintenance, rent collection.
Sara T.
Can I make amendment to the lease that I inherited from previous landlord?
7 February 2025 | 3 replies
There’s probably a legal notice period for that too, based on your market.
Gregory L.
Rent to preserve 2.5% mortgage
3 February 2025 | 4 replies
We've invested around $50,000 in improvements (central air and hardscaping) and our mortgage is a 30-year fixed at 2.5%, with a PITI of $2400.We think it could rent for $3,750 - $4,000 per month based on local comps.
Justin Smith
First Residential Rental
5 February 2025 | 16 replies
Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
29 January 2025 | 11 replies
Based on your post and other comments, it sounds like your rehab is extensive enough that the property isn't habitable.
Devin Peterson
Commercial property STR lendnig
20 January 2025 | 2 replies
Quote from @Brandon Croucier: Financing a commercial MF that runs as an STR is possible.Appraising a property based on the income is not, whos to say a buyer would STR the property.