Cindy Zhu
How to properly clean a house after tenant left without cleaning
7 June 2024 | 8 replies
The stagnant water could be a breeding ground for mosquitoes and fly larve (aka maggots)Also, the waterline, tray, and other internal parts may have mold and mildew grow, which will leave a dank smell.
Gary Alford
Using the EB-5 immigrant investor program to fund major projects?
6 June 2024 | 6 replies
I have a lawyer friend that specializes in EB-5 investment she works for a international real estate developer.
Peter Gulati
Generation Z Advice Needed!
7 June 2024 | 11 replies
The second is interested and even interned with us recently.
Gabe Capoferri
What happens to my internal referral agreements if I leave my broker?
5 June 2024 | 2 replies
I am planning to leave my current brokerage. To make a long story short, I am referring a subdivision project to my DB for a referral fee. The agreement states that "This agreement is entered into by and between Gabe ...
Dominic Richardson
Is this a property you would buy?
5 June 2024 | 2 replies
Property Details: SFH 6 beds 2 Bath 2016 sqft - Rented by the room.Purchase: 340,000Amount Financed: 272,000Down Payment: 20% (68,000)Purchase Costs: 12,777Loan Type: 30 yearInterest Rate: 8.75%Rents: 3,300**********************Investment Returns - Year 1Cap Rate (purchase) 8%Cap Rate (Market Value) 7.1%COC 1.8%Return on Equity 1.3%Return on Investment 25.1%Internal Rate of Return 25.1%
Allison Hodges
Furnishings for student housing
5 June 2024 | 2 replies
I have a 4 bed/4 bath unit in a college town that is in a complex that is popular with international students.
Derek Carrillo
Owning Real Estate in an LLC - The New Landscape in Florida
5 June 2024 | 0 replies
This includes: Internal restructurings of real estate holdingsThe admission of new investorsEstate planning transactions.
Nick Allen
Tips for processes and software for minimizing work involved in self-managing rentals
5 June 2024 | 3 replies
.- Continual market analysis to keep your prices neither too high or too low- For software, you'll need a PMS, some system for tracking operations tasks (we use Breezeway), communications tools for internal and external (we use Slack and OpenPhone, respectively)- The decision to self manage or outsource is a very personal one.
John Boby
Exempt from AB 1482 Rent control in Los Angeles
5 June 2024 | 2 replies
This property meets the requirements of Sections 1947.12 (d)(5) and 1946.2 (e)(8) of the Civil Code and the owner is not any of the following: (1) a real estate investment trust, as defined by Section 856 of the Internal Revenue Code; (2) a corporation; or (3) a limited liability company in which at least one member is a corporation.”I'm not a trust expert but I'm pretty sure a land trust is not a real estate investment trust (REIT), and I'm assuming your LLC is not owned by a corporation ... therefore it's exempt.
Brett Richardson
Multifamily Investing Coaching
7 June 2024 | 24 replies
If you have time on your side and flexibility in your schedule I would suggest finding a local firm that you can intern or work for.