Parker Robertson
Rent to Retirement Academy Experience
25 January 2025 | 17 replies
There seems to be a lack of due diligence before properties are listed, and when questioned about the discrepancies between advertised and actual returns, the responsibility is often shifted to third parties.While it is true that there are properties within their portfolio that do cash flow, finding these requires careful due diligence on the part of the investor—just like any investment.
Caliana Johnstone
AI assistence for leasing
15 December 2024 | 5 replies
To streamline the process, I want to ensure applicants qualify before scheduling a viewing.It would be beneficial to implement an AI-based system to consistently and efficiently ask prospective tenants the pre-screening questions I currently ask repeatedly.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.
Kenzer Hodgson
New to STR
19 December 2024 | 6 replies
As for property management software, options like Hostaway or Lodgify can streamline bookings and communication.
Sophanara Khoeun
New to Investing: Repairman? & Hire or Not to Hire a Property Management Company
27 December 2024 | 9 replies
As a busy 9-to-5 worker, a property management company can streamline rent collection, tenant screening, and maintenance, though they charge 8–12% of rent.
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
As bank’s risk tolerance shifts to being more cautious, less non-recourse loans are available.
William Burns
Detroit Housing Commission Section 8 System
18 December 2024 | 5 replies
3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!
Sawyer Smith
Opportunity Zone > 1031?
21 December 2024 | 3 replies
Meanwhile, a regular 1031 can be less complicated to manage if your main focus is simply deferring gains.Considering how property values and financing rates have shifted these past months.. do you think an OZF might be a better strategic move than a 1031 in your situation?
Devin James
Cash Flow vs Equity? What Stage of Life are you in?
19 December 2024 | 4 replies
I shifted from investing with a cash flow focus to the appreciation and tax benefits side of things.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
LLCs can help streamline bookkeeping, but they don’t offer tax advantags unless structured as an S-Corp.