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27 September 2024 | 14 replies
I'm curious, how much does it cost to divide up the heating system so the tenants pay for their own heat bill?
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30 September 2024 | 24 replies
Really nice backsplash, nice cabinets nice handle bars, but you didn't at least match the dishwasher with the other appliances (black versus stainless steel) and you use granite countertops?
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27 September 2024 | 13 replies
You technically need to be registered in the state where you will be utilizing the legal system.
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28 September 2024 | 14 replies
An institutional investor with a history of working with syndications in these kinds of deals is going to have a much better handle on fair and realistic fees the syndicator should be collecting for those services versus a bunch of lps that may be working on the first syndication deal and frankly glosses right over those issues when they see 15% annual returns and a nice fat cash bonus on the planned exit.
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27 September 2024 | 9 replies
If you are handling all of the admin side of things, the rest is easy once you set up the systems.
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27 September 2024 | 15 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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26 September 2024 | 9 replies
This post addresses the first question above through my own research: appreciation of new construction versus older/existing homes.Scope & methodologyOut of Scope: I have found lots of articles on the pros and cons of buying a new vs existing home.
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24 September 2024 | 27 replies
We have bought through this realtor before.I selected a Buyers broker to represent me, versus working with the Owner/Realtor to buy his ground.
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27 September 2024 | 5 replies
To be good at Section 8, you have to understand what you are getting into, how the system works, the variability of tenancy, and you need to be on it all the time.I think people keep asking about this because the government pays you.
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27 September 2024 | 4 replies
If you don't have the vision to have MANY airbnbs in Champaign I'd suggest figuring out a strategy you have a long term big vision.Pros: High cash flow (if done right), typically properties are oddly better-taken care of, sexyCons: Management/system intensive, always on call, regulation can change things instantly