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Results (10,000+)
Lara Taylor Wants 10k wired or cashier check before able to draw up docs?
27 August 2024 | 21 replies
the lady trying to borrow had this great notion but no experience and the property she was trying to buy I happened to know very well it was in Clear Lake CA no way it could be developed.. but she had a dream and Remington fed into that dream. 
Glenn Cross Weeds and trash
23 August 2024 | 13 replies
There really isn't much yard and no grass for a landscaper, so would not need a landscape contract, but I was not anticipating the amount of maintenance for weeds and debris.
Jay Hassey CT REIA
25 August 2024 | 18 replies
., and people are fed up with it.
Sara Valentine Service animal legal requirements
24 August 2024 | 9 replies
Also, if I receive an application from a renter with a LARGE service dog, am I required to accept it, knowing that the grass in the small patch of lawn will not survive it (I am currently having to resod because of a departing renter's big dog).THANKS in advance.
Rajagopalarao Paidi Negative cash flow for the most of rental properties
26 August 2024 | 34 replies
And the fed is making it pretty clear they're not dropping rates any time soon.
Robert Rixer Creative Ways to Boost NOI
23 August 2024 | 4 replies
@Robert Rixer, I don't know how creative these are, as many are common plays:Valet TrashFencing in first floor yardsProviding washer and dryers for added rentReserved, Covered parkingTech PackagesInternet and Cable contracts, with reimbursementsPayment Plan rents, with small service charge (i.e. bill 1/4 rent each week)Reserved Rental cabanas at poolPrivate pool party rental optionGolf Simulator in clubhouse - fee basedOn site, self serve car wash (quarter feeder style)Charged group fitness/personal training servicesGame room in clubhouse with monthly subscription for tenants (Xbox, Playstation, etc)Changing out high maintenance grass for astro turf or lower maintenance/lower water use shrubberyBut ultimately, I think a lot of NOI increases come from deep dive into understanding EVERY expense and finding ways to minimize them, and/or no outsource them.Train maintenance team on basic HVAC and appliance repairs (find way to get them licensed as needed)Buy paint sprayers for faster, easier turns versus having to hire a contract painter, and possibly repaint whole unit each timeStandardize all finishes, so you can buy in bulk, everything from hinges and door knobs to cabinets, paint colors, and light fixtures.Potentially get leasing people onto lower base salary with higher bonus potentialBulk/bundled insurance across portfolio (even better at scale is to self insure)Regularly test sprinkler systems for leaks.Non-NOI, but benefit to you: partner with insurance agency to get referral kickbacks from your tenant base for renter insurance.  
Ankit Rathore Points buydown vs principal reduction with seller's credit
22 August 2024 | 5 replies
Here's why. 1) If you take 6K off the loan amount, it drops your payment $41.44 per month but, if you take the same 6K and buy down your rate by .375%, your payment drops $226.73 per month. 2) While experts are predicting the Feds will cut the Fed Fund Rate, that doesn’t have a direct correlation to mortgage rates.
Gp G. wooden retention wall
21 August 2024 | 9 replies
I have a wooden retention wall as attached which is about 30 year old I think from the time when this building was constructed, I have made slope down on right hand side corner last year for landscapers, tenants to go into ditch to cut the grass rather than leave it become mini forest with poison ivy plants as well there.
Devin James Non-Farm Payroll Growth Revised Down by 30%
21 August 2024 | 1 reply
How will the Fed react to the U.S. economy creating 818,000 fewer jobs than originally reported from March 2023 through March 2024? 
Sanjeev Advani Multifamily Market Gaining Momentum in 2024
22 August 2024 | 0 replies
Multifamily valuations have stabilized, and investor interest is picking up, particularly in resilient regions like the Midwest.Economic Outlook: The U.S. economy is expected to avoid a severe recession, allowing the Fed to ease monetary policy later this year, which should further bolster the multifamily sector.Investors should keep an eye on these trends as the market continues to recover.