Lyons Library
New Investor in Multi-Family Real Estate Looking to Learn and Partner
29 December 2024 | 2 replies
I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.
Pavan Kumar
House not rented for 100+ days
16 January 2025 | 12 replies
Closed at End of Sep2024 and listed on Zillow and other sites via Turbo Tenant.Compared the comps via Rentometer ,also offered 1000$ off for first month rent .I hear winter is a tough time , should I take down the rental listings from Zillow and other sites and relist when it's Spring?
Austin Tess
Questions about refi
29 December 2024 | 8 replies
Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.
Katie Roche
Rent to Retirement...Proceed with Caution
16 December 2024 | 3 replies
The entire site is listed with a bunch of hell-nos.
Tom Borton
Help me analyze: Potential STR mountain cabin build (Packwood WA)
10 January 2025 | 14 replies
For anyone that is looking at developing or purchasing an STR in Packwood, WA I would take a peek at the numbers that are on the rental sites and the amount of bookings.
Emily Mohr
Best way to inform someone they are not qualified to rent your property?
9 January 2025 | 13 replies
If you are using a third-party site to conduct the background checks, sometimes they have the option to send a person, a denial letter, and due to the fair credit act it may be required to send them a notice, informing them that you checked their credit and background so that they have a receipt that it was completed.
Nate LaBlance
Relocating out of state; how do I show a property & get keys to tenants?
26 December 2024 | 4 replies
But, they have ZERO liability for the performance of that tenant.Second, 97%+ have no idea on how to screen a tenant, other than income = 3x rent and a credit score.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
We are listed on many sites - Zillow, Trulia, HotPads, Apartments.com, Realtor.com, ForRentUniversity.com, Redfin, Rent.com, showmetherent.com.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
@Leon G. whether or not you decide to go fsbo or use a realtor you'll need to use a QI to perform the 1031 exchange for you if you want to tax on the gain from your sale (and depreciation recapture).
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
The point your missing is that I pickup a few bookings by bring on here that I likely wouldn't have gotten.You have to be on multiple sites!