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23 December 2024 | 9 replies
I use this for tax and insurance which all properties have)Expenses (general business like admin/legal and by unit for repairs, trash, utilities...)EBITDA (earnings before interest/taxes/depreciation/amortization.
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24 December 2024 | 5 replies
Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.
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13 January 2025 | 31 replies
Showing ID is not only a safety measure for yourself and the other person, it also helps to reduce fraud if someone is unwilling to provide identification and is being this difficult with a simple ask, then I would also question whether or not they would be a good fit as a tenant
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31 December 2024 | 9 replies
I'd also suggest considering a partnership if you feel comfortable with that in order to reduce the risk completely on you.
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6 January 2025 | 38 replies
They may change, but do you want to risk your hard earned money to give them chance.
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31 January 2025 | 44 replies
If so, I'd rather just sell it and not deal with the headache of landlording a property like that and just earn some cash.
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31 December 2024 | 13 replies
This reduces their upfront cost so they don’t need a large deposit.
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15 January 2025 | 24 replies
As long as you stay invested and let your hard earned capital continue to grow, you can pick your spots when a real estate opportunity offers outsized returns comparatively to other investments.
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9 January 2025 | 21 replies
I know it seems like a tough task, but can you spend a few more months or a year while you continue to learn to really tighten the budget or find ways to earn a little extra to start from a stronger position?
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2 January 2025 | 18 replies
If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.