AJ Wong
How & Where to get the best AirBnB mortgage for vacation rental investment property
25 May 2024 | 2 replies
I receive countless emails from lenders daily with their rate sheets and promotions for specific borrower or property types, geographical areas or loan types.
Tyler Dunkel
duplexing 2nd floor unit into attic
25 May 2024 | 11 replies
There are some exceptions as to when you can get away with a single stair (full explanation below) but you'll see it is not easy to do.I actually used to live in/rent a third story attic space with a single stair, and as a tenant I thought it was fine.
Ismael Ayala Jr.
Risk of obtaining 3rd property
24 May 2024 | 10 replies
Now, map each basis type of property in specific geographical areas.
Solomon Rosenberg
2 Capital calls in 2 weeks! Ouch
26 May 2024 | 102 replies
Syndicator doesn’t have expertise or experience in the specific asset type, size or geographical area that reflects the subject property9.
Allen Bannister
5% conventional house hack advice needed
24 May 2024 | 15 replies
Assuming I had the experience, I would only buy a place with structural issues if I had 1) an experienced and trusted structural engineer telling me a clear, and verifiable explanation of the cause(s) of the problem and a viable and affordable solution, 2) trusted and experienced tradespeople who would be implementing the solution (carpenter, mason, etc.) confirming with me that they could fix the issue (with 90% or higher confidence that the issue could be resolved within budget), and 3) confirmation from city inspectors that the issue (and an inability to fix the issue) would not result in condemnation/revocation of occupancy permits. ...and even then, I'd only proceed if I had the cash reserves to ride out a major series of unexpected problems (e.g.; time overruns, budget overruns, unexpected revocation of occupancy permits from the city, etc.)
Chris Mason
$4m Los Angeles Shopping Center 6% Cap Rate Acquisition - Financing Survey/Review
22 May 2024 | 0 replies
Given how good the terms are, I'm surprised to read that they will work with someone that had a bankruptcy or foreclosure more than 3 years ago with a sufficiently compelling letter of explanation along with supporting documentation.
Sanjeev Advani
Strategies for Future-Proofing Commercial Real Estate Investments
22 May 2024 | 1 reply
Engaging with tenants to understand their needs and preferences can help in tailoring services and amenities, thus enhancing their satisfaction and loyalty.Key Takeaways:Implement tenant engagement programs to build community and loyalty.Regularly review and update lease agreements to reflect current market conditions and tenant expectations.Diversification of Investment PortfolioDiversification across different types of CRE, geographical areas, and tenant industries can mitigate risks associated with market fluctuations.
Jonathan Greene
Do These 3 Things To Choose An Out-Of-State Real Estate Market To Invest In
21 May 2024 | 2 replies
Check those two lists against all of the lists and articles you have been reading to see where the closest crossover is.That is how you find a competitive advantage.If you build an out-of-state funnel with everyone you just met, you will not have a competitive advantage.Number 1 above gives you a personal, geographic advantage.
Dave Allen
Wife on mortgage with her parents on a rental duplex blocking FHA loan
21 May 2024 | 3 replies
I had a different issue on a property and they put a letter of explanation I wrote in the file, but again it was a different issue.