Benjamin Latusek
Local investor and property manager Introduction
6 December 2024 | 6 replies
We have a member of our team called the "Resident Success Coordinator" whose job is solely this. 2) Flat-rate management- We are not a percentage-based company.
Rajagopalarao Paidi
How to avoid or minimize Agent costs
10 December 2024 | 17 replies
Get a Transaction Coordinator to help you with the paperwork (~$500).
William A Colas
Experienced investors looking to scale
18 December 2024 | 17 replies
I've built a $18M RE portfolio without ever having to do a syndication.I hope I answered your question properly!
Nadia Jones
Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
Do you have the Capacity/Ability to close, do you have the Character/Credit to close (including relevant experience), and do you have the liquidity to properly provide enough collateral (are you injecting enough into the deal).
Vaughn J Smith
Single family home (former rental) for sale in slow market
20 December 2024 | 10 replies
If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.
Shelby Ek
HUD homes activating utilities for inspection or apprasials
8 December 2024 | 19 replies
Keep in mind if approved, you will only be able to turn on once for a max 72 hours so coordinate the appraiser if applicableYou bare all the costs of turn on and turn off costs with the utility companies.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
Agent-advisors would merely provide advice, coordinate property photos, and review offers with their principals.
Bob Avery
New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 7 replies
It’s so comprehensive that I’m compelled to give you a great answer, but there is so much to unpack that a full proper answer to every question may take longer than I have tonight.
Saul Clavijo
Multi family investing
16 December 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
If P&Ls were manipulated or tenant histories weren’t properly vetted, that’s a serious issue and could form the basis of a strong misrepresentation claim.