Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.
Rob Dallek
Transferring title on a property received as a beneficiary from a self directed 401k
9 December 2024 | 1 reply
Someone must have the authority to sign on behalf of the inherited IRA.
Shaheen Ahmed
Positive Cash flow
18 December 2024 | 5 replies
In the Reno market, we have access to hyper-localized and up-to-date rental data and local knowledge of different areas, providing a more accurate picture.Remember, buying real estate is a liability until you sell it, at which point it becomes an asset.
Natalia Perlova
Tenant claims there is no heat, and it's Christmas
31 December 2024 | 57 replies
Its up to you if you are open to advice. i have currently managed section 8 and every other asset class.
Will Almand
Multi Family Investing Cons
18 December 2024 | 4 replies
I have a few concerns that I wanted to get people's thoughts on. 1 - Selling a quadraplex 10-20 years down the road seems like it may be challenging as the market for that type of asset is small.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
Nate Jenks
Fixed vs "first responder" Adjustable rate mortgage.
11 December 2024 | 10 replies
For instance, lenders in SC can offer a downpayment assistance (and a related first responder/veteran loan) program through SC Housing Authority.
Themis Kosmidis
Cleveland based investor looking to BRRRR various assets for the long run
1 December 2024 | 3 replies
My clients are mainly real estate developers, PE funds and individual investors doing syndications and my core skill is in real estate valuation / due diligence across real estate asset classes.
Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
Talk to lender to find out how to transfer assets without triggering due on sale clause.Did I get all that right?