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Results (10,000+)
Danielle Ronquillo Choosing an out of state property
22 July 2024 | 10 replies
To keep things simple for this post, you'll find many more opportunities in the Indy market compared to Ft.
Nicholas Schwab Schedule C sounds like a dream
22 July 2024 | 8 replies
However, likely would be paying the tax on 15.3%Maybe not a big issue if you already have a W-2 job where you are already above the social security base as you wouldn't be responsible for paying the social security portion.Best of luck.
Matt Owens First investment out of market??
19 July 2024 | 19 replies
I would suggest investing in Columbus Ohio for so many reasons - population growth, job growth, and companies moving here.
Mitch Conrad Syndication vs Private Fund LLC
22 July 2024 | 22 replies
The Howey test is still somewhat applicable for determining if the sale of a business interest is a security or a business opportunity .  
Stephen Loguidice Brokers/Agents in Ulster County NY and Dutchess County NY
21 July 2024 | 3 replies
If you are interested in talking, direct message me so we can set up a call and see if there is opportunity for a relationship.
Ryan Daulton Accredited investors partnering
20 July 2024 | 13 replies
I recently saw an opportunity advertised but it is for accredited investors only.
Hugo Castro Active Duty Air Force New to the Game!!
20 July 2024 | 9 replies
Sac has much opportunity.
Evan G. Soon-to-be collage graduate considering Indianapolis
18 July 2024 | 6 replies
I'm looking for a good city to invest in real estate with the savings from my job once I graduate.
Kyler B. AI Finds 1,000s of Physically Distressed Homes
20 July 2024 | 13 replies
AI visually scans thousands of homes for physical distress and can complete the D4D job in minutes - not hours or days.Here is an example..
Karolina Powell Questions to ask when touring a multi family
21 July 2024 | 12 replies
Ask about the maintenance history.Units: Visit as many individual units as possible to assess their condition and note any necessary repairs or updates.Structural Issues: Be vigilant about signs of water damage, mold, or pests, which could indicate larger problems.Safety Compliance: Verify that the property meets all local safety and building codes, including fire alarms, extinguishers, and emergency exits.Financial and Operational AspectsRent Roll: Request a detailed rent roll to understand current rents, lease terms, and tenant occupancy.Expenses: Get a breakdown of all operating expenses, including utilities, maintenance, insurance, property management fees, and taxes.Income Verification: Ask for historical income statements (preferably 12 months or more) to verify the revenue.Vacancy Rates: Inquire about the historical and current vacancy rates and how they compare to the market average.Tenant Profile: Understand the tenant mix, including residential versus commercial tenants, lease lengths, and tenant turnover rates.Property Management: Find out if the property is currently managed by a professional management company and if you will retain or replace them.Legal and ComplianceZoning Laws: Ensure the property complies with current zoning laws and inquire about any zoning changes that may affect the property.Rent Control: Determine if the property is subject to rent control or other regulations that could impact income.Permits and Licenses: Check that all necessary permits and licenses are up to date.Value-Add PotentialRenovation Opportunities: Identify areas where you could add value through renovations or upgrades.Rent Increases: Assess the potential for increasing rents based on market rates and property improvements.Additional Income: Explore opportunities for additional income streams, such as laundry facilities, parking fees, or storage rentals.Environmental ConsiderationsEnvironmental Hazards: Check for any environmental issues like asbestos, lead paint, or underground storage tanks.Flood Zones: Verify if the property is in a flood zone and the implications for insurance and risk.Questions to Ask the SellerReason for Selling: Understand the seller’s motivation to gauge the urgency and possible negotiation points.Recent Repairs and Improvements: Ask about any recent capital expenditures and future planned repairs.Tenant Relations: Inquire about the relationship with tenants and any ongoing disputes or issues.Due DiligenceProfessional Inspection: Hire a professional inspector to conduct a thorough examination of the property.Appraisal: Obtain an independent appraisal to verify the property’s market value.Legal Review: Have a real estate attorney review all contracts, leases, and legal documents related to the property.By covering these aspects, you’ll be in a stronger position to make an informed decision about your potential investment.