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21 January 2025 | 4 replies
Focus on areas with strong rental demand, like Broad Ripple, Fountain Square, or near universities like Butler and IUPUI.Maintenance Costs: Indiana weather can be tough on properties, so budget for seasonal maintenance like snow removal and HVAC servicing.Additional AdviceKeep an Emergency Fund: Unexpected repairs or vacancies can arise, so having 3-6 months of expenses saved will help you weather any surprises.Build a Reliable Team: I have lists of contractors, handymen, cleaners and property managers if you'd like me to send.Good luck with your property and future expansion!
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24 January 2025 | 9 replies
TIC in this case is virtually synonymous with coop.finance items- There are several ways to finance TICs – group loans and fractional loans are the most common. - Fractional TIC loan: you can now own a unit in a building that isn’t classified as a condominium, yet from a financing perspective, will feel that way.
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20 January 2025 | 15 replies
(One virtual and one local).
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18 February 2025 | 148 replies
“It’s just an entire ripple effect.”Not your ordinary REITDuring the Way of the Renaissance Man podcast interview, Mendenhall told host Woods that he came to real estate after an early career coaching college baseball, a grueling vocation that he said left him feeling burnt out.Mendenhall did his coaching at the University of San Francisco, according to his biography on RAD’s website.
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12 January 2025 | 23 replies
This property is in the area of Brown University in Rhode Island.
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11 January 2025 | 12 replies
It’s less than 15 minutes by car from two major universities (Towson & Morgan) and just a 7-minute walk from a shuttle that services both campuses.I plan to rent the property by the room, targeting mainly college students due to its proximity to the schools.
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23 January 2025 | 10 replies
Within each of these loan types and structures, you'll find commonalities and similar bases, but only conforming and govvy loans will have the exact same rulesets universally.
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12 January 2025 | 8 replies
Market OverviewEconomic Growth: Albuquerque's economy is a blend of military bases, nuclear research facilities, and universities.
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14 January 2025 | 2 replies
I'd also like to invite you to join THE MTR Connect, a group I host that meets virtually every Friday from noon - 1:30pm EST.
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17 January 2025 | 6 replies
This is virtually non-existent with SFH's but is commonplace with 2+ units.