
11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.

9 January 2025 | 8 replies
The Notice needs to be sent to each tenant by both proof of delivery required service from the post office as well as by certified mail to the last known address.

8 January 2025 | 20 replies
. - Who ever told you that only 30 days notice is required does not know CA law.

14 January 2025 | 329 replies
It requires registration, so there could be some fees or work involved in setting up.

8 January 2025 | 13 replies
We also had the option of another type of policy that was even less expensive that would have required us to spend at least 1 night in the house and rent it at least 30 nights each year.

10 January 2025 | 8 replies
It also says under the accessory uses section: "nonhabitable structure requiring a building permit."

6 January 2025 | 5 replies
All things being equal, I would accept these applicants, but I would require them to pay a deposit equal to two months of rent.

6 January 2025 | 4 replies
In my basements tenants have access to they totally disregard the access required and block the pathways needed for access.

4 January 2025 | 4 replies
I understand I cannot legally require them to respond, unless the notice specifically requires it, like for instance, a notice of entry, but it's making it difficult to manage the property, and I'm not sure how to proceed.

6 January 2025 | 1 reply
This would be my first property that requires renovation.