23 February 2022 | 125 replies
Our initial strategy revolved around small stuff because it felt safe.
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21 November 2021 | 84 replies
Don't get me wrong, some couples are so in-tune they can run a business together no problem but many are not 100% and partnering with them or making strong time/$$$ demands from them cam strain and ruin the relationship, it's not worth it.Bottom line, nothing wrong with asking for support, be ready to present your business plan but you are not asking anything other than support.
5 January 2022 | 7 replies
I cam across a good post on BP last night that stated tenants who are adamant on paying a year of rent in advance can often spell trouble.Congrats and best of luck!
12 August 2019 | 4 replies
Just to be clear, i am trying to lend unsecured revolving credit to regular people (consumer credit line) , which can be withdrawn as cash, think about it as hard money cash lending for regular people, it is not for real estate or backed by real estate, Any help is appreciated!
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6 November 2023 | 3 replies
Now, the current lease is expiring and we need to raise the rent closer to market rates.We are not using a broker for this transaction so we don't have someone with real-time access to the market rates.Are there any free resources for mom/pop CRE owners that can help me ascertain current market lease rates and CAM charges?
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29 March 2023 | 6 replies
A lot of questions revolving around ADUs right now especially with timelines, permits/costs.
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21 August 2023 | 26 replies
Pay to have an inspection done with a written report.Pay to have a contractor walk the area (and possibly an electrician, and a plumber) and give you an estimate (in writing).Pay to have a sewer cam inspection done if the above seems financially viable.Look for easement issues, and title issues.Consider if fixes will kill off grandfathered building codes and force you to upgrade to current code.As has been said above, consider if fire abatement must be installed.How is the chimney liner, that should be looked at too, if you have to use the chimney.There will also probably be cost and time over runs during the project due to it's size, and the coordination of trades and inspections needed.Now lets talk about the amount of fixup needed.
16 March 2020 | 6 replies
Roof and parking lot are huge expenses even if can be passed on to the tenants they can't take the additional to CAM all at once so landlord pays for new stuff and gets reimbursed over a long period of time.
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20 December 2019 | 56 replies
., @Dan Heuschele @Bob Prisco because your advice seems to revolve around how bad of an idea it is to have 350 / month - I agree.
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26 April 2021 | 12 replies
Revolving credit(i.e. cedit cards, loc, etc) can add up very quickly because of how its calculated.