Robert Frazier
From Zero Single Family Investments to 52 units in development.
29 December 2024 | 9 replies
I've learned a ton about syndications, partnerships, funding for construction, the development process and so much more about managing consultants than I will ever care to admit.
Alex Hall
Subto FHA problem
19 January 2025 | 50 replies
Usually having a servicing company helps the lender to consider that.
John Kim
Anyone Have Experience with Section 8 in Detroit?
30 December 2024 | 18 replies
@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!
Edward Segaar
Private equity lending
16 January 2025 | 1 reply
That would be for the deed, so use care not to trigger the acceleration clause with your lender.
Evan Price
Possible Small Claims Court Action Considered - Need Previous Tenant's New Address
14 January 2025 | 1 reply
Security deposit will take care of the last month of unpaid rent, but I'm considering filing a small claims court lawsuit to get a judgement for recoverable damages.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
11 January 2025 | 9 replies
However, hauling away a truckload of items and cleaning beyond standard expectations could reasonably be charged to the tenant, as it goes beyond normal use.Goodwill Gesture: Since this tenant was great for 5.5 years—paying on time and caring for the property—you might consider waiving part of the cleaning cost as a goodwill gesture.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
Office; AND$5M or more in revenueSEC regulated investment companies + certain business already under strict regulations from the Federal Gov'tWho is a "beneficial owner"?
Nithin Kumar
Nextgen Properties in Maricopa county
11 January 2025 | 10 replies
Care to share the details?
Huong Luu
Keep or Sell?
18 January 2025 | 1 reply
The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
They care about public opinion only.