
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.

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.

19 July 2024 | 19 replies
I would suggest investing in Columbus Ohio for so many reasons - population growth, job growth, and companies moving here.

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 .

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.

20 July 2024 | 13 replies
I recently saw an opportunity advertised but it is for accredited investors only.

20 July 2024 | 9 replies
Sac has much opportunity.
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.

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..

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.