Tomas Falcon
21 and want to get into the community
28 December 2024 | 7 replies
There are a bunch of great investors who are more than happy to share and network (including myself).
Joseph Lavoie
Creative Downpayment Options for Commercial Loans
24 December 2024 | 2 replies
You have a “full” package including property(s) identified, acquisitions under contract, appraisals performed by MAI appraisers, historical financial statements, pro forma projections, surveys, title reports, feasibility studies3.
Mark Ross
Replacing heating system
20 December 2024 | 2 replies
@Mark Ross don't include heat in rent on an ongoing basis.
Monish Anand
How to find the best Real Estate Agent
10 January 2025 | 13 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Jefferey Eutsay
32 unit multi
24 December 2024 | 9 replies
Expenses: What are the operating expenses, including taxes, insurance, maintenance, and reserves?
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
Some key qualities to look for include:- **Responsive communication**: A PM company that keeps you in the loop and addresses issues promptly- **Local expertise**: Knowledge of the Birmingham market and experience with Section 8 tenants.- **Proactive maintenance**: Regular inspections and quick resolution of maintenance issues to keep tenants happy and properties in good condition- **Transparent reporting**: Clear and detailed financial reports so you know exactly where your money is goingIf your current PM isn’t meeting these standards, it might be worth exploring other options.
Kent Ford
Is the Texas Housing Market Still a Buyer’s Paradise in 2024?
3 December 2024 | 8 replies
However, if you analyze what we have vs. what other states have there are numerous reasons why we are a great state to invest in.I hope all of that makes sense but feel free to ask anything additional.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
Sellers often favor buyers who can make larger down payments, as it indicates stronger financial backing and reduces the risk of the deal falling through due to financing issues.Additionally, SFH properties are more accessible to a wider range of buyers, including first-time homebuyers and families, which can lead to less direct competition from institutional investors.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Creative ApproachesIf the organization is hesitant about a sale, consider proposing creative terms:Seller Financing: The non-profit could retain an income stream from the property by financing the purchase.Partnership or Lease-Purchase Agreement: Offer to lease the property with an option to buy, giving them time to evaluate the relationship.Donation or Support: Consider including a donation or offering support for their mission as part of the deal.
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
Job included inside work of leveling floors, installing flooring, paint walls, kitchen cabinets, etc in both units, as well as lay a new driveway, fence the back yard, provide attic fans, and install electric to the crawlspace to add lights and a sump pump.