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Results (10,000+)
Joel Florek 31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
First and foremost you are looking to get approved by their underwriting.
Nicholas Haubner 4-family to 5-family with owner occupied unit
4 January 2025 | 5 replies
When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.
Paul Dashevsky SB9 for property in California
23 December 2024 | 25 replies
Hey Folks-Just got a permit approved for an SB9 two-unit development (duplex) AND an ADU on a property in Los Angeles.
Gamal Harding Property Management is Much More than Collecting Rent…
23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency,  trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
Kylie A. Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
Chase also has good CCs at 0% interest also, but you’ll need to meet their 5/24 rule for approvals.
Jason Mergl Building a Team in Albany Area
14 January 2025 | 21 replies
I've been pre-approved for a bank loan but haven't thought about someone with experience working with investors for deals.
Ryan Vienneau Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
Also, there are many integrations available with QuickBooks so that receipts, bills, invoices can be sent to Quickbooks or outside software to read each and automatically create the transaction and we just have to review and approve.
Brynn Walden Feed back on Syndicators.
17 December 2024 | 2 replies
Good Morning AllI am still working on transitioning from an active real estate investor ( SFR portfolio ) to passive investing.I have invested in one MF syndication with Vanamor in California.I flew down and met with the principal and toured the property and a numbe r of comps.Bobby was great and I am hopeful that it will turn out great.Now I have to place more $$ in January and was hoping to get feedback from members on a couple of syndicators.1,Sunrise Capital Investors  (Kevin Bupp ).Mobil Home Park funds.2.
Mark A. McElhannon Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
Often times, their approval processes are slow.Credit Unions - Their member structure also subsidizes their financial structure so they can also be a source of low-cost financing.
Shannon F. VRBO Damage protection and guest verification
27 December 2024 | 2 replies
3) Keep Damage protection off but use Hospitable to markup VRBO bookingsGuest VerificationUnlike Airbnb, VRBO does not have a toggle to say if the guest is not highly rated or verified they can't book without approval.