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1 February 2025 | 15 replies
Whether it applies or not it's always a good idea to check with a professional first so thanks for the reply.
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22 January 2025 | 12 replies
However, if it is a purchase transaction, the deal can still get done, the deal would just need to qualify as a standard rental (lender won't know you are renting by room post-close).
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9 February 2025 | 1 reply
We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.
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23 January 2025 | 10 replies
To find reliable contractors, ask for recommendations from other investors, real estate agents, or your local hardware store, and check platforms like Angi or Thumbtack for reviews.It’s best to bring a contractor out after the inspection so you have all the details to discuss.
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14 January 2025 | 6 replies
- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?
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8 February 2025 | 2 replies
It’s worth double checking to see if it did.
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30 January 2025 | 10 replies
Quote from @John Warren: @Delroy Watson I would check to see if you can do this the "right" way and make it an ADU.
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27 January 2025 | 1 reply
Have you checked the BizBuySell website?
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31 January 2025 | 7 replies
I spent many years managing myself and personally collecting rent checks.
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28 January 2025 | 1 reply
Should we expect the Federal portion of the rent check from the gov't Feb 1??