Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
The clear solution is to simply follow the eviction proceedings as you normally would.Here is one legal sensitivity you need to be aware of.
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
From the start we could tell she hadn't read any of the questions we carefully answered nor reviewed any of the sensitive documents we uploaded during onboarding.
Sebastian Nadal
Screening for a roommate for the first time
7 January 2025 | 6 replies
These platforms are affordable and offer comprehensive reports (credit, background, eviction history) without you having to handle sensitive information directly.Verify Employment and Landlord History: Your plan to request pay stubs and a landlord reference is solid.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
If you are trying to buy a $ 1 million home, and they bought it 20 years ago for $250,000, it’s likely they have a whole lot more wiggle room – and less price sensitivity – than someone who paid $1.2 million for it last year.
Tom Dieringer
Giving VRBO a head start on Airbnb
28 January 2025 | 19 replies
I will say that it's also probable that our VRBO guests are more comfortable with a higher rate if it has the comfort, conveniences, etc. they want whereas AirBnb seems a little more price-sensitive.
Tayvion Payton
Seeking Advice: Is $850K a Reasonable Offer for This Multifamily Property?
13 January 2025 | 17 replies
As for the price, I would be very sensitive to making such a low offer at this point.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
People need place to live, I and my investors need to safeguard my investment.
Tove Fox
Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
Urban Development land swaps are often used as a strategy to: - Consolidate public land holdings - Acquire important natural or recreational areas - Facilitate development while ensuring community benefitsLand swaps can provide several benefits to communities: - Preservation of open spaces and environmentally sensitive areas - Creation of new public parks or recreational facilities - Protection of wildlife habitats and corridors - Improved land management efficiencyI searched for some Urban examples for reference: 1.
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
If they want one, then make it timesensitive- only for x years; location sensitive- within xx miles ofthe existing facility; make them pay for it, on top of the propertyvalue.P.