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14 January 2025 | 19 replies
Quote from @Tod DuBois: Hostaway appears to integrate with the multiple channels - but I hate to do a software setup and learn it's not a good place to do what I need to get done (which is work as little as possible and optimize my occupancy).
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15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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16 January 2025 | 19 replies
Quote from @Jay Hinrichs: I think so at least for the ones we read about on BP..I had the same experience total loss on multiple syndication deals So I am feeling pretty good about how we are doing..
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1 February 2025 | 21 replies
You should setup multiple ways to accept payment.Our tenants have the following methods to remit rent (no cash) -1) Online payment sysem2) Zelle3) Bank deposit at Bank of America.4) Come to the office to remit funds.
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14 January 2025 | 10 replies
9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.
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17 January 2025 | 6 replies
If i sell my SFR rental for $450k and equity is, for example, $200k...Can i invest 100k into a new SFR worth $275k and invest the remaining 100k into a sponsored DST or TIC (which deals are usually multiple hundreds of thousands of dollars?
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23 January 2025 | 15 replies
Small shop brokers that have access to multiple programs so that they aren't beholden to one or just a few loan programs will typically get the most competitive product for the borrower.
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10 January 2025 | 26 replies
The city has changed Section 8 requirements multiple times lately.
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9 January 2025 | 3 replies
My problem is how to measure if it has any impact on sales price or time on market.
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4 February 2025 | 3 replies
But regardless, this was really confusing how the credit boosting stuff worked with a property with multiple tenant profiles and I wish this has been clearer how it worked in that case.6) My duplex has two addresses.