Brody Trott
New Real Estate Investor
4 January 2025 | 9 replies
Is in there, but a great thing you can do now is get your "core 4" figured out - agent/lender/manager/contractor - obviously you can adjust this and do one of the pieces yourself (self-manage for example) or don't need a contractor if you do only turnkey etc but getting this nailed down early is key
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
These documents include your operating agreement/ corporate bylaws, articles of organization, certificate of standing, and the EIN letter.
Joe Kim
How to speak to owners/landlords for rental arbitrage
27 January 2025 | 7 replies
I made that mistake with a 2 bedroom condo - after 1 year, I had to shut down operations due to HOA rule violations of NO short-term rentals less than 30 days.#8 The 30 day+ rule - Certain places Airbnb is outlawed or a softer rule is the 30day+ rule.
Jasper Zimmerman
Property management Anderson, IN
21 January 2025 | 6 replies
Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.
Zhenyang Jin
Will personal DTI impact underwriting of commercial loan for 6-units multifamily
27 January 2025 | 9 replies
Regards, ClarkI'm curious, @Zhenyang Jin, with a DSCR at 1.30x, what are you total operating expenses relative to your EGI (Rent after vacancy expenes)?
Karin Recalde
Purchased property listed and sold as a triplex just found out from city it is a SFH
17 January 2025 | 27 replies
Despite the house being operated for years by the prior owner as a STR.
Renee Jean-Baptiste
Land & Rental Property Investor
17 January 2025 | 5 replies
I operate across the mid-south/mid-west.
David Rutledge
SBA loan for small hotel
31 January 2025 | 12 replies
It specifically says it is not for real estate investment, but I believe you would be buying an operating business vs just real estate.This is so helpful Michael, thanks so much!
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Some have pointed out the fallacy that to be licensed in some way is different upon the operation.
Benjamin Bieber
Rent to Retirement
30 January 2025 | 2 replies
Here are some of the more longstanding discussions that may help to answer your questions.Specifically at Rent To Retirement, we operate a turnkey marketplace that focuses about 90% on A class, new construction properties located in growth markets.