Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
Sponsor does not pretend to be the second coming of Warren Buffet: Sponsor does not tout a "Track Record on Full Cycle Deals" that is marred by no recent exits and obviously struggling current portfolio in public advertising.
Sandra Ho
Better to have no tenant or a tenant with history of multiple late payments
18 November 2024 | 11 replies
Typically it is asking too much for rent, but it could be your advertising is poor or your property is not in good condition for that area."
James McGovern
Insurance to cover rising HOA assessments?
16 November 2024 | 3 replies
Don’t call the random agent down the street with the company that advertises on TV.
Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan.
Alan Cassidy
Setting up Google Drive
15 November 2024 | 3 replies
I'd recommend a "Templates Folder" that has templates for common used docs like leases, notices, advertisements for properties.I actually just did full video on my Google Drive set up over on my YouTube channel :)
Jonathan Greene
Calling Out The Welcome Trolls, The Cut and Pasters, and AI Posters
16 November 2024 | 32 replies
Advertising your business is not allowed.
Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
If you see someone advertise a listing as you said at $100k with $800 rent that is 0.8% if you read the listing and see potential to get that to a 1% deal with some work, it might be worth looking at further and doing a deeper analysis, otherwise probably not worth the time.
Leslie Daniely
First Property As A MTR-Quadplex
17 November 2024 | 16 replies
To that end, I made a Google sheets document with every hospital system in GA along with the following data:CityZip CodeRentometer 2/X (what a 2 BR, any bath) goes for on Rentometer)RentRentometer 3/1+ Rent (what a # BR, 1.5+ bath) goes for on Rentometer)"Minutes to home" (how far a drive it is for us)"Staffed Beds" (measure of how big a hospital is)"Total Discharges" (a different measure of hospital size)"Patient Days" (yet another different measure of hospital size)"Gross Patient Revenue ($000)" (you guessed it, hospital size)Map Searches & Housing Requests (this and everything below was from FF.com stats page)Furnishedfinder.com Page ViewsTotal RoomsPrivate Rooms % UnitsHotels% Whole Place > 2500 %Whole Place > 2k < 2.5k %Whole Place > 1.5k < 2k %Room > 1500 %Room > 1k < 1.5k Page view per roomThis allowed us to narrow our search to hospital systems near us (less than 2 hours) in a less competitive market (higher page views per room advertised on FF.com) with a significant % of units being rented on FF.com at higher rents (more $).
Christina Haws
Purchasing a mobile home/RV Park with seller financing
13 November 2024 | 6 replies
We have worked on improving the physical appearance and infrastructure of the park, updating the homes, getting a new sign, advertising it online, and creating a website (www.shadyacreshuntington.com).
Gary R Uren
Renters want to take in foster kids. Helllp
16 November 2024 | 17 replies
When you advertised the house did you say "maximum 2 adults and 2 kids"?