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Results (10,000+)
Chris Magistrado Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
Hey BP,I'll be quick since I don't want to waste anyone's time.
Aaron Robertson How AB 2622 Is Transforming Property Management in California
9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
Brad Roche FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
Pankaj Malik Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
What will happen is you'll continue to waste time being drawn into the tenant's circle of drama.Just stop engaging.
Jason Baker Wholesaling Market in Miami
12 January 2025 | 8 replies
Hint, hint.Stop wasting time chasing the wrong audience.
Leah Miller Bank Won't Close Due to FEMA Disaster Designation
29 January 2025 | 24 replies
Kind of hard to tell them to match or I go to the other bank when they are getting messages from the seller and escrow daily that we need to close ASAP.I can't actually push it off for too long since I don't know when the second bank will close and we removed contingencies a month ago.Signed with the first lender and had to swallow the points.Learned some interesting lessons along the way.
Chris Magistrado Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
John Friendas LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
Take this example and remove the LLC as a part of this conversation for simplicity.
Steve K. Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
.: Quote from @Patrick Roberts: For the late payments, contact the servicer that reported them late and ask them to remove the late payments from their reporting (after explaining, etc).
Andreas Mathews How Can I Gain Property Management Experience
10 January 2025 | 4 replies
At this stage, the main thing we need is for me to get back into the workforce and get some money coming in, in order to achieve that dream.With that in mind, my immediate goal is to gain employment in the field of property management, as opposed to wasting my time working in another field that is not associated with real estate.