Betsy Nolan
leasing to a compounding pharmacy
20 March 2024 | 6 replies
Just wondering if anyone has done this and what safeguards (contract, insurance additional coverage etc), if any, they felt were necessary, and if they've had any unexpected issues.
Justin Foster
How should I outsource bookkeeping?
21 March 2024 | 8 replies
Some sort of client portal for handling sensitive documentation.
Christine Ohlendorf
Special Purpose LLC for professionally managed property? (Central Texas area)
19 March 2024 | 1 reply
This is time sensitive, appreciate any suggestions.
Patrick Fanning
Tenants Complaining About Upstairs Noises
20 March 2024 | 8 replies
If it is just one downstairs unit complaining while you may have a noise transmission issue the tenants might also not be suited to a multifamily. some people are more sensitive to noise and you may want to give them an out at some point.
Michael Lipari
1031 Exchange For Newly Renovated Property
19 March 2024 | 12 replies
I assume you want to reinvest this profit into another deal or use it for some other time-sensitive purpose.
Adam M.
Unusual Tenant Issue-- What would you do?
18 March 2024 | 8 replies
I know having been a landlord for many years that this is not right, but clearly, may be a sensitive issue.
Jesse Grim
Hard money lender or refinance
18 March 2024 | 7 replies
Here are some considerations:Pros of Using a Hard Money Lender:Speed: Compared to standard lenders, hard money lenders can provide quicker approval and financing processes, which lets you take advantage of time-sensitive possibilities.Flexibility: It may be simpler to obtain financing if HMLs are more accommodating when it comes to credit history and property condition standards.Access to Funds: You may take advantage of more investment opportunities by having quicker access to the equity in your property.Experience: For first-time investors in particular, certain hard money lenders offer invaluable experience and advice that can be helpful in navigating the fix and flip process.Cons of Using a Hard Money Lender:Greater Costs: Hard money loans might have interest rates and other costs that are greater than those associated with standard financing sources, which raises the project's total cost.Term Length: HMLs normally provide loan durations that are shorter, usually lasting between six months and a few years.
Justin Brin
How to find a good Syndication?
18 March 2024 | 5 replies
If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.
Sean Lemon
Has anyone used The “flip system” by the Martels?
19 March 2024 | 46 replies
They seem to work well to get more opens/attention and some get their panties in a tangle over it but it is what it is.If an email can piss some people off, I wonder how sensitive they are to anything that happens in the day to day life
Alexander King
rental restrictions, 30 day minimum. How would this be enforced?
16 March 2024 | 16 replies
$3,000 for the first violation and $5,000 for every violation after.Some may not catch onto the first dozen of rental times with a STR flying under the radar but depending on how sensitive the market is to STRs, will determine how quickly that operator will be cited and shut down.