Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
It’s gotten me seriously considering bringing an attorney in-house to handle evictions and other legal needs moving forward.I’m evaluating this from two angles:Cost Efficiency: With the expense as high as it is, having in-house counsel could potentially reduce costs over time.
Clare Pitcher
2025 PM Trends
17 January 2025 | 1 reply
It makes lead management way more efficient since they get to focus on people who actually want to do business.
Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
Beyond the lessons from the projects themselves, building a business that’s efficient, diversified, and focused on the luxury market has been a game-changer.
Gabe Goudreau
Acquiring Properties With Different Partnership Structures
13 January 2025 | 7 replies
Keeps it efficient
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., new flooring, updated bathroom/kitchen fixtures)-Energy Efficiency Upgrades (e.g., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
Michael Darten
Property management managing multiple properties
4 January 2025 | 18 replies
Property management....it just make business sense as a leverage point for efficiency of your time.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
16 January 2025 | 18 replies
I'm sure it's a little more efficient in larger cities, but my market requires up to 60 days to get approval.Lower your expectations with Section 8 tenants.
Abrahm Dimmitt
Prop stream or Deal Machine?
17 January 2025 | 35 replies
I download those into Geo Batchcode so I can plan an efficient route to check out those properties, and of course I take note of any others of interest that I see along the way.
Joshua Christensen
Bricktown Apartments in Stillwater, OK
9 January 2025 | 0 replies
We're improving units, management efficiencies and bringing rents to market value.
Sol Romand
Convert medical office to residential
14 January 2025 | 1 reply
My plan would be to keep the front waiting room as a small commercial space and the back offices as efficiency units or studios.