Lisa Bell
Closing for a NON Profit
22 November 2024 | 9 replies
@Lisa BellI am not aware of any DSCR lenders who will lend to a 501c3.
Justin Woods
Cost Segregation - Bonus Depreciation on House Hack
26 November 2024 | 13 replies
Hey @Justin Woods - as far as I'm aware, the property has to be a complete investment property to even qualify for cost segregation studies and on top of that it has to be large enough to actually justify the study costs/benefits.I don't think it's worth it for a SFH househack you're turning into a 2 family.
Harsh Poshti
Mixed zone property investment ideas
24 November 2024 | 5 replies
To reinforce what I said about making sure the credit tenant is proven and sustainable all you have to do is look back on the past 15 years or so:2009-2012: frozen yogurt 2012-2014: “new and improved burger” spots2014-2015: spin class2015-2016: megaformer and Pilates2016-2017: poke bowl2021-2022: "new and improved cookie" spots2021-2023: indoor golf2024: pickleball(5) If you are in a situation where seeking an F&B operator, be aware at this time these operators are seeking very high T&I allowances which may not be a worthwhile investment for you to make.
Sarah Rosko
Handling Delayed Move-In Complaints
22 November 2024 | 12 replies
Referencing another recent post, there's not a great software solution that I am aware of for on-boarding a new MTR resident.If you aren't already, I would make sure you disclose to a potential resident any relevant issues that are endemic to a unit as early as possible.
Joe S.
Are second lings still a thing on investment properties?
21 November 2024 | 6 replies
. :-) Second Mortgages Yes, but I am not aware of any lenders offering HELOCs on investment properties.
Jesse LeBlanc
HUGE MORTGAGE FRAUD RING - Atlanta 2023-2024
23 November 2024 | 9 replies
-William Platt - Owner of The Vault & The Bank (Confirmed)-Byron Ellis Raines (Confirmed)-Marvin Fox (Confirmed)-Freddie Jones II (Confirmed)-Michael Barney -Wendell Olden (Claims just being used, not part of Fraud and might be one of their "Straw Buyers" for his good Credit)-DeKalb Notary - Frank Brake III (Confirmed)-Jeff Deville - Lender Broker with Will Platt and Bryon Ellis (definitely aware, I have directly informed him of the fraud these guys are/have committed yet he still continues to work with them to push loans through, so unsure of his actual role or knowledge or the lack there of with the rest of this mortgage fraud group)-More names coming...PLEASE SHARE THIS POST OR TAG ANYONE HANDLING LOANS IN METRO ATLANTA THAT YOU MIGHT NEED TO SAVE FROM THESE GUYS!!
Angela Orecchio
Note Newbie workshop -note investing
21 November 2024 | 11 replies
Yes we are aware of Daphne Wilson's course.
Bryce Gubler
4plex with below market tenants, how to best approach raising rents in California?
20 November 2024 | 1 reply
As you're probably aware, AB 1482 caps annual rent increases at 5% + CPI or 10%, whichever is lower.
Justin Brin
Any luck finding landlord insurance in California?
21 November 2024 | 9 replies
They still need to have license.The only disadvantage that I'm aware of is that if the insurance goes bankrupt then the state would not step in and pay you if the state has any money left.
Briant Rivera Arroyo
New to Real Estate, Interested in Wholesale
21 November 2024 | 7 replies
I'm aware of the challenges and I am welcoming to them in exchange for the experience of helping sellers solve whatever problem that they might have.