Evan Polaski
Is Floating Rate Debt still Bad?
17 April 2024 | 3 replies
And right now rates are at multi-decade highs after a rapid run up, so the wounds are not only fresh, but the bleeding hasn’t been controlled yet.Mistaken Identity: If the syndicator on the panel says he prefers floating because he can borrow capital improvement funds, he is talking about bridge debt, which happens to have a floating rate but isn’t the primary characteristic nor the reason people use it.
Victor Hernandez
Rent Increase? Or not? That is the Question
17 April 2024 | 16 replies
Make sure your property is in great shape and maybe add some small landscape or new blinds to keep the property fresh.
Joe S.
Who is investing in their own physical health?
18 April 2024 | 141 replies
It wouldn't take much for me to become the prototypical fat lazy landlord rolling around to pick up fat stacks from his starving skinny boarders, so I at least try to get my dog to the river or the dog park a few times a week, I go out in the garden and pull some weeds (but don't smoke them, those days are long past), hop on my tractor and get some arm exercises in pulling up and pushing down on the joysticks, and get some stair-stepping in when I forgot something down in the garage.
Tony Stephan
16 Unit Value Add Multifamily Update - Metro Detroit Market
15 April 2024 | 9 replies
.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!
Bubba McCants
Maximizing Sales in Today's Real Estate Market: Strategies for Agents
15 April 2024 | 1 reply
Whether you're a seasoned real estate veteran or fresh in the industry, your insights can help us all grow.Let's use this space to collaborate and inspire each other.
Duonng Hoang
Info gap = deal gap?
14 April 2024 | 1 reply
fresh real-time data is ESSENTIAL if you want you and your investors to stay ahead of the curve and know trends before they are widely spread, which in turn will make your investors happy which will make you look like a safe bet in their eyes, so real time data is IT
Derek Bell
Agricultural land to multi family
13 April 2024 | 1 reply
Typically when it comes to housing you'll want to stick to 3-story garden style without elevators and 18-24 units per building.
Shivam Patel
Would you recommend investing out of state for a beginner?
12 April 2024 | 36 replies
A garden variety LTR, whether in Houston or Ohio, conventionally financed, is not going to provide meaningful cash flow.
Mike Meerschaert
Mold detected in basement
12 April 2024 | 5 replies
I'll share what I give to tenants and it should help you with yours.If the Tenants insist the house is a danger, let them move out and start fresh.