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25 January 2025 | 5 replies
It can be paid off by a refinance, or a sale or cash out of pocket.The other issue is the pending divorce.
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25 January 2025 | 24 replies
Fear the issues of tenant nightmares, fantastic because you won't have that with STR.
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21 January 2025 | 3 replies
And will you have ongoing maintenance issues beyond your CapEx based on the building's age.I personally would be suspect of this deal.
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11 January 2025 | 15 replies
(other issue was a leaky toilet we took care of, at our expense).
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24 January 2025 | 17 replies
My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.
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22 January 2025 | 12 replies
I can only think of 2 times inn the last decade my client has had to go though an eviction and both times it started cause the owner and tenant had personal issues.
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2 February 2025 | 2 replies
Many are also tired of homeless issues, politics, and now more than ever natural disasters.
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13 January 2025 | 2 replies
Insurance is definitely an issue there, and will continue to be.
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16 January 2025 | 12 replies
(Ensure no trespassing/squatters/maintenance issues.
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21 January 2025 | 3 replies
Luckily I did have a clause where the sober living company is paying all repairs and maintenance unless it is structural issues.