Troy Smith
Refinance step of BRRR
13 January 2025 | 11 replies
.), and research comps in your area to ensure your property aligns.
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
While no property is too big or too small for a cost segregation study, it’s important to speak with your accountant to ensure the benefits outweigh the cost of the study.
Julio Gonzalez
5 Tips to Kickoff 2025 Successfully
7 January 2025 | 0 replies
If you didn’t hit some of your goals, analyze what caused you to not achieve them to ensure you don’t make the same mistakes again the following year.
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
Julie Muse
Grainfield Gem: Partner Driven & Amanda Frecks Flip Main St for Big Gains!
8 January 2025 | 0 replies
Together, we negotiated a great price of $20,000, allowing us to allocate more funds toward renovations while ensuring profitability.
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
I would restate that the lease will remain in place until such time that a new tenant is selected and moves into the property.This approach will ensure your cash flow while acknowledging that 'stuff happens.'
Kevin Brown
Best Accounting Software
20 January 2025 | 5 replies
However, its downfall (and what makes it so easy) is that it is a single-entry system.This means there are no checks and balances to ensure all transactions are entered correctly.
Suzy Farman
How do you market your rental property insurance companies directly for temporary?
21 January 2025 | 1 reply
Listing your property there ensures visibility.Build Relationships: When agents reach out, respond quickly, highlight your property’s amenities, and showcase your flexibility to meet displaced families’ needs.Highlight Insurance-Friendly Features: Emphasize features like flexible lease terms, utilities included, and a fully furnished setup to attract insurance placements.This approach has helped me successfully market to insurance companies.
Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
This ensures a clean transition of ownership and responsibility for insurance purposes.