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Results (10,000+)
Matthew Rensel Having a Quad built - Advice needed!
3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.
Bryan K. Long Overdue... 1st Home Purchase
3 December 2024 | 2 replies
I've primarily taken past 8 months off as I was dealing with moving to new city/company
Devin James Lessons From my Favorite Books - What are your Favorites?
2 December 2024 | 4 replies
I still use the checklists/grading system for staff evaluation.Such a good book, we run our company off of the EOS
Nadir M. Which PM software is most recommended?
23 November 2024 | 9 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Rich Davis Advice for building in-house team.
30 November 2024 | 3 replies
I've been thought about hiring a PM company for a while now but I've decided to keep the management in-house.I think it's important to start delegating out the low dollar per hour tasks.
Jesse LeBlanc HUGE MORTGAGE FRAUD RING - Atlanta 2023-2024
23 November 2024 | 9 replies
And I think I might have mentioned when I had a mortgage fraud scheme come through my HML company a few years back..
Bryan Hartlen Any recent experience with Conventus Hard Money Loans?
1 December 2024 | 2 replies
good company I have used them in the Sacramento CA market as they are SF based or were when i did my deal with them..
Travis Champ Denied insurance for Fire Risk Zone on STR coverage
29 November 2024 | 10 replies
However, due to the whole area now being deemed by insurance companies as a "fire-risk" zone, I can't find a single insurance company to put a STR endorsement on a regular home owner policy up there.
Andrew Steffens Credit Card Points Hacking
6 December 2024 | 36 replies
But I would imagine the credit card companies would start to restrict me at some point.
Reginald Glascoe Questions About Evictions in Anne Arundel County
30 November 2024 | 5 replies
There are eviction companies that you hire a crew.