
16 October 2024 | 4 replies
In short there are many levers that go into a deal like this including but not limited to TIA, buildout, Operator risk, etc...would be more than happy to jump on a call and see if we can provide some insights for your purchase.In general we do not like to place urgent cares in med office spaces, although hospital systems are notorious for throwing an UC in empty or extra med office space they have.

14 October 2024 | 13 replies
There is no minimum term lease limit in Florida.However, as you have mentioned, some HOA may limit the number of turnover tenant per year (de facto limiting the minimum lease time), limit minimum lease time, or completely forbid lease and require the owner to be the occupant.

17 October 2024 | 10 replies
I would seek out a good local PM preferably with 30-120 units.I am not familiar with that market so if that is not possible there is self managing, or finding a limited service provider (we just went statewide in FL) where we provide guest communication, automations, pricing, and marketing for a discounted fee.

14 October 2024 | 31 replies
The downside though is your ability to recycle your money with a turn-key property is limited.

16 October 2024 | 7 replies
That typically isn't allowed for a non RE pro (with exceptions/limitations).

15 October 2024 | 3 replies
The new homes will be mostly built in the burbs, and I expect as we move forward outside of many city limits or in smaller cities where the builders can control the narrative with less regulations, less inspections, less red tape, lower requirements.Due to the number of people moving though, we'll see some urban infill as well I expect.

16 October 2024 | 6 replies
This can be useful if you want to keep growing your portfolio without being limited by personal DTI or income requirements.That said, here are a couple of things to keep in mind:DSCR Loan Terms: These loans often have higher interest rates and different terms compared to conventional mortgages, so it's important to assess whether the potential benefits of restructuring the loan through your LLC outweigh the cost of refinancing.Asset Protection Plan: Even if you refinance into a DSCR loan, make sure to have a solid estate plan in place.

16 October 2024 | 10 replies
I use RevMax + live revenue manager who checks pricing daily and a unfamiliar with the limitations of PriceLabs.

14 October 2024 | 4 replies
Without REPS, losses would be subject to PAL limitation.

17 October 2024 | 9 replies
I have noticed while searching the Fannie Mae site there is very limited foreclosure inventory, especially in Washington State where I am interested in living.