Walker Hinshaw
Approached by a PM to turn my SFH into a Sober Living Rental: Any experiences?
8 November 2024 | 31 replies
I don't have experience with renting to a sober living company, but I assume that they make a killing.These sober living and assisted living facilities are always showing up on Loopnet advertised at a cap rate of anywhere from 8-25% (not exaggerating... there are several in my area right now with a ~20% advertised cap rate)With returns like this, I can only assume that these types of properties are very high maintenance and labor intensive.You're not looking to be the business manager though, you are just looking to be the landlord who leases to the company who runs one of these lucrative operations.
David Taylor
Wholesale or Bust
25 October 2024 | 10 replies
The wildly exaggerate ARV's and do significant markups from contract price.
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
Contrary to what both faces of the media say - they try and stir the pot and over exaggerate everything.
Adriana Collado Hudak
LLCs for each investment property?
24 October 2024 | 19 replies
The need for an LLC is grossly exaggerated on BiggerPockets and other websites.
Kyler Cook
Christian Investors - How do you tithe?
24 October 2024 | 27 replies
When you can give the facts without have to exaggerate, and when those facts motivate everyone in the room to be more like Christ, you’re doing something right.Thanks for all you’ve done.
Andy Sabisch
Question on adding cleanliness in a lease
16 October 2024 | 1 reply
I had one particular vendor with high standards that would exaggerate anything he found.My rule of thumb: people can live how they want to live as long as they are not 1. damaging the property2. living in filth that attracts pests3. impacting the neighbors (e.g. odors, junk detracting from the neighborhood, etc)4. creating an unsafe situation (e.g. hoarding and rescue workers can't access the home)When I visit a property, I document any issues and talk to the tenant.
Rick Baggenstoss
Tax Deed in Atlanta question
20 October 2024 | 32 replies
For example, one HF could have 250,000 LLCs set up (not an exaggeration) and therefore can have 250,000 bids in the pot for 0.25%.
Ross Kane
LLC piercing corporate veil
21 October 2024 | 13 replies
The need for an LLC is grossly exaggerated on BiggerPockets and other websites.
Othman Zizi
Philly first time investor - New Western
17 October 2024 | 6 replies
It's not a bad idea to sign up to their lists, but don't take their metrics at face value. 99% of the time it is exaggerated and unrealistic.
John Underwood
STR insurance in Florida
17 October 2024 | 14 replies
The claim that 15% or 18% of Florida residents are planning to leave the state may be exaggerated or not fully supported by data.