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15 November 2024 | 16 replies
What do you mean by the additional $18/sq design fee was not included?
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20 November 2024 | 45 replies
Regulations include NIMBYism, slow permitting, over permitting, zoning that has not been brought to current demands, etc.
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14 November 2024 | 5 replies
I was at a CCIM luncheon recently and some of my lender buddies and I were discussing that many of their banks are getting out of multi-family because of rising costs to manage the properties...including taxes and insurance.
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14 November 2024 | 22 replies
Their familiarity with the local market and diverse financial products could be beneficial.Huntington Bank: With a significant presence in Ohio, Huntington Bank provides various commercial banking solutions and has a history of working with business clients, including those with complex ownership structures.PNC Bank: As a major regional bank, PNC offers comprehensive commercial banking services and has experience dealing with corporate clients, which may align with your fund's requirements.It's advisable to contact these banks directly to discuss your specific needs and assess their ability to accommodate your investment structure without personal guarantees.
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14 November 2024 | 13 replies
What will it cost to buy the property, how much will it cost to rehab (to include how long it will take), and what will it realistically sell for?
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13 November 2024 | 8 replies
The engineering included public roads, public water, public sewer, and a site lift station.
19 November 2024 | 28 replies
Note: I did not include appreciation in the calculation.
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14 November 2024 | 8 replies
However, if you're set on managing it yourself there's plenty of websites and apps you can utilize for rent collection.Some may or may not include messaging for requests such a repairs or maintenance, but if you're looking for rent collection there's quite a few options on the market that are affordable.
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14 November 2024 | 19 replies
Thanks again for all the content—many of us, including myself, really appreciate it!
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13 November 2024 | 34 replies
Quote from @Brandon Croucier: They’re going to be on the loan.I highly recommend just including someone with solid credit in your LLC.