Dominic Richardson
Does anyone invest in Cleveland Ohio?
13 July 2024 | 13 replies
But what a lot of people don't talk about when discussing the Cleveland real estate market is how much they're building up the downtown Cleveland and University Circle areas.
Terra Padgett
UNpredictable Cash Flow
16 July 2024 | 33 replies
That being said, it is almost universally believed that to arrive at a cash flow number one “modifies” the profit and loss statement by adding back not cash expenses such as depreciation.BUT, here’s my issue.
Christina B.
Granby Ranch HOA (Colorado) just added a 2.7% surcharge on STRs
12 July 2024 | 7 replies
(But it wasn't apples to apples.)I looked at AirDNA's data recently and don't disagree with their broad picture but again, people here know that the details and other factors can tell a different story and bring success for some in the same area (comparables) and loss for others.I'm all about reducing risk and my read on climate data and global economies (& yes, politics) incline me toward continued investment in properties that have multiple channels of revenue, above a certain latitude, and more upscale.
Marika Aubrey
New member looking to BRRRR upstate NY
12 July 2024 | 16 replies
I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS- low prices- blue collar overall, meaning lots of resources for contractors- growing university, consistently growing rents- I expect to see an actual 10% cap rate here, higher if the property needs work- compared to downstate, permitting, evictions, etc. are simple and quick- no code compliance inspections required on existing multifamiliesWEAKNESSES- no. natural. appreciation.
April Eilers
Cap on Late Fees for Rentals in Virginia?
11 July 2024 | 3 replies
I saw some older articles that said small landlords are not subject to the Act, but I'm now reading the Act itself and I don't see any such global exemption for small landlords. 2.
Brendan M Hornung
Tenant Wants to Terminate Lease After 1 Week
12 July 2024 | 9 replies
Pay it forward, the universe will reciprocate if you helped someone out who is in a tough scenario.
Christopher Hildebrand
Has anyone ever worked with Tyler Deveraux?
13 July 2024 | 22 replies
In these short years have built a fantastic team in Quattro Capital, closed 10 apartment complexes during the global pandemic and continue to love collaborating with the whole Multifamily Mindset team.
Jake Wosick
Subject-To Deals in Illinois
12 July 2024 | 22 replies
We may have a potential sub 2 deal in University Park.
Vincent Donato
Yes or No to ceiling fans in rentals?
14 July 2024 | 56 replies
Although, as mentioned at the top, the pull chain switches are often a weak spot, however they are often easy to simply replace with an inexpensive, universal replacement switch from the hardware store.
Josh Levan
Seeking Market Knowledge in Tampa, FL
11 July 2024 | 29 replies
@Josh Levan Mostly northern Tampa, so University, Temple Terrace, Seminole Heights, East Tampa, Tampa Heights.