Marian Smith
How could this deal turn out to be a scam?
30 December 2024 | 10 replies
I appreciate the condo board’s efforts as a unit in a predominantly o/o complex is worth more to other o/o buyers, but it has to limit my buyers.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
Send a notice: The landlord can post a notice in a visible place and send a notice by mail to the tenant's last known addressRemove belongings: The landlord can remove the tenant's belongings and store themRecover costs: The landlord can recover the costs of moving and storage from the tenantSell belongings: If the tenant doesn't claim their belongings, the landlord can sell them at a public sale(End)Please only communicate with the tenants - all of them - in written form only so it can be used in any collection/court engagement.
Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
Here’s MY general feeling; if a MHP isn’t TOH, or I can’t easily switch from POH to TOH, then I might as well purchase an apartment complex and have less problems.
John McKee
Don't forget to file your BOI Reports by the end of the year
27 December 2024 | 6 replies
We will see what the courts decide, just be aware of it.
Rob Barth
Renting properties at or below mortgage payment
9 January 2025 | 12 replies
There are some rare and complex circumstances where I see this would be beneficial.
Bradford G.
Rod Khleif vs Brad Sumrok Multifamily Coaching Review ??
26 January 2025 | 54 replies
On the other hand, I am aware of a few students who thought they would start out small and work their way up, but realized that their first deal could very well be a 60+ unit apartment complex.
Blake McWilliams
Raising Private Capital. Tips and Tricks
5 January 2025 | 4 replies
A few months back, a fellow broker brought me a pocket listing for a newly built and stabilized 32 unit apartment complex.
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
This option is ideal for penalty-free investment but comes with added complexity and strict IRS rules.Alternatively, a 60-Day Rollover allows you to withdraw funds and redeposit them into an IRA within 60 days to avoid penalties, though it carries the risk of missing the deadline.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
Lets say I die with $200,000 in the bank and right before I die I remember the time I had to go to court to evict one of my tenants..... that would be so sad...
Rafael Ramos
Seeking Guidance and Strategies
11 January 2025 | 6 replies
.- I live in Raleigh, 10-50 unit complexes will be hard to come by unless you're okay paying a premium.