David Martoyan
Making BRRRR truly work in 2024
17 December 2024 | 16 replies
To me the cost of purchasing cash flow is too high, better off being cash negative 2) alternate rent models: mtr, str, rent by room.
Jefferey Eutsay
32 unit multi
24 December 2024 | 9 replies
Compare these with potential financing alternatives, like a DSCR loan or other commercial products.Exit Strategy: What’s your long-term plan—hold for cash flow, refinance, or sell?
Yonathan Cabrera
Locating Gap Funders?
22 December 2024 | 7 replies
PG's are worthless those that have PGs that are worth anything dont need gap funding they have the cash.this is a play for folks you know well .. not for internet facebook BP etc.. people that do this do it because they know you like you trust you and think your a good operator.Public has to many other choices that are much safer bet.. its not always about ROI with those with money..
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
I didn't do anything wrong to try and get $27,000 owed to me by the stupid eviction moratorium and now will have to choice but to pursue small claims court.1) I applied to San Diego Covid Rental Assistance on behalf on my tenant (appeal by tenant got rejected; not sure what the tenant did or did not do since I can't control her actions and this program only she can appeal and try to get aid, I can only start the process and try and get her to cooperate)2) I also applied to San Diego Small Landlord Rental Assistance on my own (got rejected because I no longer reside in San Diego)Both got rejected.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
Or like some of the crowdfunders money flooded in and they made some pretty seriously poor lending choices and they themselves and their investors got wiped out.
Chris Olandese
Tenant threatened to move out
18 December 2024 | 13 replies
couple of bullet points to bring up:* she's on M2M* I told her on 12/7 of the new rent which would apply to a new Jan. 1 effective lease, this is when I got the "I'm moving out" message* Sent her the move-out letter on 12/11, with options for her to either be moved out by 12/31 (she's fully paid up for month of December) or by 1/11 (30 days from date of notice) and pay a pro-rated rent based on her CURRENT rent amount. her choice, either is fine with me.With all that said, I'd love to do as you mentioned and post a notice on her door.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
Ultimately, shared laundry works just fine in our multi's - sometimes you just have no choice.2.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
When January comes, you will have two disadvantages:- you will have missed on the end-of-year planning opportunities- some of the most highly sought after professionals will be full and not taking clients anymoreAnd the longer you wait, the fewer choices you will have.
Matt Lopez
Buyers didn't show to closing, breach of contract
18 December 2024 | 2 replies
The time for them to negotiate the price was when they got the appraisal done-they didn't, so too bad.Two choices-take the $5K and relist with a new realtor or negotiate with them for the $24K they are short.