Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
There's many other options in real estate such as syndication and note investing depending on your level of involvement.
Luis Cerwin
How long should I give my PM to Rent a Unit before changing PM?
20 January 2025 | 14 replies
@Luis Cerwin as others have stated, Nov - Jan is the worst time of year to have a vacancy.Majority of tenants live paycheck-to-paycheck, so all their income goes to Holiday spending starting with Halloween, then Thanksgiving, then xmas, then NYE.January is also historically the worst month for rent payments due to Holiday Hangover Spending.
Kyle Jenson
New Dentist looking to create a retirement plan for myself thru real estate
2 January 2025 | 14 replies
Kyle My father-in-law did this by creating a portfolio that is primarily debt-free single-family rentals in the city he lives in.
Devin James
Time is of the essence - Im currently learning an expensive lesson
22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.
Martin Phinney
Moving Out of State - Should I Sell or Rent my House?
22 January 2025 | 7 replies
I do think the gameplan depends on your strategy though.
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.
Jonathan Sanchez
Pricing Strategy - What is your approach?
16 January 2025 | 13 replies
Hey @Jonathan Sanchez, a lot will depend on your area.If you are buying in a saturated area with lots of competition, then using an aggregator like Pricelabs to help make your pricing accurate is handy.If you are in an area that has less, then simply looking at nearby properties that are similar to yours on VRBO and AirBNB.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
Joelle Chilazi
Greetings from Realtor in Jersey City which has the 2nd highest rents in the US
13 January 2025 | 27 replies
It could vary of course depending on the defenses of the tenant and if the court is presently backlogged.