Timothy Hero
Multi Family DSCR Terms?
6 January 2025 | 7 replies
I had a couple clients lock in just recently at 7.1% on 10-30 unit deals.
Nadia Jones
CRE Fund vs JV: Seeking General Information and Guidance for Setting Up
26 December 2024 | 2 replies
I’m all ears for any guidance, recommended reads, or war stories from those who’ve been down this path.
Tristan Kublanov
How to get more leads
14 January 2025 | 3 replies
If you are new to the business the most common issue is you're either locking up deals too high or you aren't finding attractive deals.
Asim G.
Extra Tenant Fees charge by Phoenix Property Managers
14 January 2025 | 5 replies
It includes HVAC filter and a few 'free' things (like one free lock out or something like that).
Jp Coghill
Appfolio On Boarding
11 January 2025 | 1 reply
Once you get this information to them you will also be required to do a zoom call and walk around showing them some of this info - the office, any signage, and locks on doors.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
This year I received a bill from the PM with the following line items and costs: - Bathroom 1 : Shower/Tub Caulking | Re-caulk tub- Bathroom 1 : Toilet bolt caps | Missing bolt cap- Bathroom 1 : Window Covering | Missing miniblinds- Bedroom 1: closest to the front door : Door/Knob/Lock | Door know needs tightenedNeeds deadbolt installed- Bedroom 1: closest to the front door : Window Covering | Broken miniblinds needs repaced- Kitchen 1 : Wall/Ceiling | Pull nails and spackle- Living Room 1 : Wall/Ceiling | Nail and holes in paneling- Living Room 1 : Window Covering | Miniblinds need repairedLine ItemsDescription AmountMacomb Glass Invoice $40.99Sherwin Williams Invoice $40.60Walmart Invoice $62.37Total $2,271.271 of 2Ace Hardware Invoice $82.93Ace Hardware Invoice $28.33Ace Hardware Invoice $42.50Macomb Glass Invoice $188.58Walmart Invoice $135.30Ace Hardware Invoice $65.19Ace Hardware Invoice $9.78Shop Supplies $3.00Labour hours 24.18 @$65 rate $1,571.70Total $2,271.27This is a very small, one bedroom apartment in a fourplex.
Veronica Cervera
Can you wholesale a deal that is active with a real estate agent?
7 January 2025 | 1 reply
All end buyers can see it on the market now and can buy it direct so what would the point be of you locking it up on assignment and then asking people to come back and buy it when they already could have bought it without paying you spread in the middle.
Jason Hatfield
Buying a house at auction
15 January 2025 | 8 replies
If you're going to need a mortgage, you're locked out of the game.
Tayvion Payton
LOI/ Purchase Agreement before viewing a property?
9 January 2025 | 2 replies
It could be a tactic to lock you into negotiations or gauge your seriousness.
Rick Wood
Rent to Own Or Co-sign??
13 January 2025 | 2 replies
Wondering if you have advice on me just being the bank, where I purchase a house and structure a rent to own with him and have him build up a 30% cash down payment and some equity and then me sell the house to him at a locked in price.