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6 April 2024 | 19 replies
Those developers pray long enough while building out the building that the tenant will open and they can sell it off before taking a bath on it.The small to medium franchisees eventually if the have trouble get bought out by a Private Equity group that runs them like sh*t and makes their money back and sucks any remaining profit dry before they close or ask landlord for rent reduction.That's what 20 years experience teaches you versus buyers just looking at a cap rate thinking something is a good deal.
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4 April 2024 | 14 replies
Learn about fire suppression systems, door heights/widths, ADA, sidewalk parking, hvac, etc.Figure out how to bring value to the transaction.
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3 April 2024 | 7 replies
Hello all!I will be renting out my single family house this year and looking for newbie landlord advice. Does anyone have a great reference for making a lease agreement?
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4 April 2024 | 32 replies
On investigation, I found a mass of ice the width of the kitchen wall, and about 18 inches thick at the second floor level where the water had fed it for quite some time.
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4 April 2024 | 4 replies
I’ve cohosted in several markets all as medium term or hybrid (STR/MTR) and here’s what I’ve done: - Made the lease between the owner and the tenant- Owner collects the rent and the cohost charges their fee to the owner monthly- Small maintenance items under $300 were instantly approved per my cohosting agreement but larger items had to be coordinated with the owner because in some markets you have to be a licensed real estate agent or broker to facilitate property improvements on behalf of the owner
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4 April 2024 | 4 replies
Or you buy the same and go medium term rentals in other words furnished monthly rentals like airbnb just longer terms.
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4 April 2024 | 11 replies
Ft)Medium Cosmetic($45-$55 x Sq.
4 April 2024 | 12 replies
Shouldn't have any issues converting it over to RD R-2 Medium DensityResidential District and can build 3 quadplexes on it.
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2 April 2024 | 2 replies
The property will perform as a medium term rental if short term regulations expand to the area.
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3 April 2024 | 24 replies
Also they have influence to home price,DTI and appreciation.In very high home price area, many times due to affordability crisis, only 30 Year is available. 15Y is out of the picture pretty quickly.In medium high price area, for example, 300k-500k price range, and DTI is about 20% ; then 15 vs 30 are two solid choice.The way I look at it again is not from cash flow.