Kevin Akers
Cash-out Refi or Line of Credit
19 December 2024 | 14 replies
Quote from @Jaycee Greene: Quote from @Kevin Akers: Quote from @Jaycee Greene: Hey @Kevin Akers!
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
.✅ Secondly, good cause has a max cap on yearly rental increases at a certain margin above CPI or 10%, whichever is less.For those of you who own stabilized, high quality housing like we do, this shouldn’t be a problem.But instead of keeping rents flat because you are a nice person or increasing just a little bit, you could get yourself in trouble when it comes to funding future major repairs and capital expenditures.As long as you are increasing to what the market will bear, you will be in good shape.Also if you are looking at purchasing blighted, dilapidated housing with the intent of raising rents and financing improvements to the property, you will have to take this into consideration and buy accordingly and on in place rents not projected rents.On the implementation side, however that pans out, you might be able to get these necessary rent increases to finance repairs but you may need to go to housing court in order to get the green light but we are just not sure at this point and remains to be seen.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
I agree with @Jonathan Greene that the question is vague, so my advice will have to be as well.The short answer: MTRs are real estate, so just like all real estate, any place that can long-term-rent cash flow with increasing jobs/population can be a suitable site to purchase.
John Daniels
DSCR Lenders on Lafayette, LA
21 December 2024 | 8 replies
I would recommend the One Brokerage, David Greene team.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
@Chad Greene, Shoot me a PM.
Guillermo P Manso
I need advice and estimate costs
26 December 2024 | 7 replies
Quote from @Jonathan Greene: There are a million other things to consider trying to do STR in a condo.
Kegan Scholl
Best market to house hack in?
28 December 2024 | 24 replies
Tampa has amazing growth potential and have personally witnessed @Josh Green work miracles for his clients.
Eyitayo Temi
Best use of large 6/5 SF in great area
20 December 2024 | 4 replies
@Jonathan Greene, I appreciate the advice especially on the costs.
Wesley Wilk
What is your process for adding rooms to a SFH project?
20 December 2024 | 2 replies
I'm currently reading David Greene's book on BRRRR and was curious about how you all go about planning or visualizing added rooms to potential purchases.
Shaylynn O'Leary
Advice: New Investor/Small but Mighty Portfolio/ Long Term Game Plan
21 December 2024 | 20 replies
Quote from @Jaycee Greene: @Shaylynn O'Leary well, that's at least someone with "eyes and ears" in the actual market.