Justin Moy
A Small Underwriting Detail That All Passive Investors Should Understand
20 March 2023 | 1 reply
In this case, it would mean below market rents and/or above market total vacancy to where the timing of capturing the loss to lease is not material to the decision.There are many investors and sophisticated investment groups that notice aggressive assumptions as you mention above and they are deal breakers for those investors and groups because they lose confidence in any of the assumptions in the underwriting or business plan.
Anthony Smith
Term for when you have made back you initial investment
22 November 2017 | 17 replies
I only mention this because you said you want your emails to stand out, and that is a mistake that some sophisticated investors might spot.
Jordan G.
Real estate sales person AND mortgage broker?
21 August 2017 | 4 replies
Just a conventional acquisition loan or refi on a stabilized property...However, even though they may not be as sophisticated as the big boys, they would certainly understand that: lower interest rate is goodSo my thinking is that if I can offer this service to somebody not interested in selling currently, it could be very valuable to them by doing the legwork they may not otherwise have the time or motivation to do.Although I've worked in sales and currently work at a GSE, I really don't know much about the mortgage brokerage business.
Caleb Charles
Eviction
20 January 2015 | 12 replies
Without knowing the sophistication of the tenants it's hard to say what they would do.In a pro-tenant state and especially if the tenants have bad credit they do not care about eviction and getting 500 bucks.In fact when you factor in their moving expenses, first and last months deposit with rent payment they would have to come up with likely thousands of dollars just to break even going to another place.
Lee G.
4 Plex Analysis - 3 Questions
7 April 2015 | 14 replies
You can further discount the cash flows to NPV and base your IRR on that for an extremely true picture, but one that's extremely sophisticated and nobody does :)Hope this helps.
Tamar Mar
Due Diligence Checklist for MF?
26 February 2018 | 9 replies
Property tax bills for the last 2 years IRS Tax returns and addendums for the last 2 years (as relatedto the property only) Articles of Incorporation Good Standing Letter from the Department of Revenue Any licenses in the name of Sathyam Enterprises Rent roll for the property for the last 2 years Security deposit register Payroll records Each different lease type Written property policies such as pets and parking Information on all rent concessions List of any uncompleted maintenance requests Maintenance and capital improvement history for past 3 years Litigation history on the property for the past 5 years Any operation manuals for the property Title policy Site plan Architectural plans Environmental Reports Any mold inspection reports Any lead-based paint inspection reports Any fire system reports or citations
Justin Avery
Needing Advice on a 1st investment
6 January 2018 | 6 replies
Blueprint for your improvements and it gives you leverage when negotiating There are much more sophisticated apps and websites to micromanage your experiences but hopefully these simple suggestions are useful
Brandon Hall
Where To Focus My Time & Energy: Business vs. Real Estate
17 September 2015 | 16 replies
I'm also having to develop processes and procedures because the world of payroll taxes and bookkeeping is way different than it was in 2004 when I last did it, so I'm hoping I'll be able to streamline some stuff and become more efficient.At the same time, I'm also spending 3-4 days per week working on real estate.
Chad Harrison
New Students to BP. Dallas/Fort Worth
6 December 2016 | 7 replies
We would like to flip down the road as sophisticated investors, more as a profitable passion.
Mark Jones
Hello from Boise, ID
2 December 2015 | 16 replies
Admittedly not a very sophisticated strategy.