Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Under careful consideration, The Board of Directors has decided to freeze all distributions and withdrawals for an additional 90 days.
David Fals
SFR or MFR starting out??
25 January 2025 | 3 replies
(or if they're primary buyers, they don't care about yield, since they're going to live there.)i just went to visit two very distressed properties yesterday that i would buy.... if they were priced 50% lower.
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
Many of the section 8 tenants I've had give me little to zero problems and take care of the place as though it's their own.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
Got a call from the tenants mother on Tuesday morning - she said her son (my tenant) was shot nine times this past Saturday & is in intensive care, surgeries, etc.
Keetaek Hong
Where (cities) & what (asset types) in Dallas/Houston to invest for maximum apprec!
30 January 2025 | 4 replies
A few things we’ve been thinking about* Appreciation > Cash Flow: We care more about appreciation in a few years as long as cash-flow can cover occasional cap-ex.* Low Hands-on operation: We prefer minimal hands-on engagement.
Britt Griscom
Cost Segregation
21 January 2025 | 3 replies
You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.
George Lopez
Thoughts on RentToRetirement?
27 January 2025 | 1 reply
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