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Results (10,000+)
Shawn Pacaoan Extra Money - Side Hustle
13 March 2024 | 6 replies
I’m trying to make additional money to speed up purchasing an investment property
Keaton Vols Fourplex common area flooring
12 March 2024 | 2 replies
Additionally, vinyl plank comes in a variety of styles and colors, allowing you to choose a design that fits the aesthetic of your property.As for the walls, if you are looking for a budget-friendly option to replace tile, wall paneling could be a good choice.
Vince Le Borrowers need to submit what documents to loan officier for refinance?
13 March 2024 | 8 replies
Don't submit the bank statements to underwriting unless you actually need them to close the deal however, as it can cause additional steps in the process for you and your client (if an underwriter sees money moving around, it can cause you to have to paper-trail the funds back to their source, which often isn't a lot of fun).If you haven't completed a loan application, start there.   
Susan Tan JV with a GC? Potential downfalls and failures?
12 March 2024 | 5 replies
This is a 2nd GC who is interested in doing additional renovations on the same above mentioned 3plex.2.
Vasudha Chaudhary Lehigh Acres - Renttoretirement (RTR) projections were a scam
13 March 2024 | 8 replies
Additionally, the RTR team has been extremely responsive working with the local PM team to do everything possible to get the home rented in a timely manner.
John Ciallella Can I buy in my name and transfer to LLC?
13 March 2024 | 17 replies
Your HOI needs to be able to insure the LLC, not additional insured(some carriers do this), and I recommend getting commercial umbrella insurance for your LLC especially as you get more and more properties.Also, personal umbrella insurance coverage for yourself.
Kyle Kline Financing Options for BRRRR Method?
13 March 2024 | 11 replies
Many lenders will charge additional rate increase if loan is under $150K.
Mak K. Experience with Renting to Home Health Patients
12 March 2024 | 1 reply
Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate a higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property for standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.
Manuel Angeles USA National Office Market Report as of March 10, 2024
11 March 2024 | 1 reply
Although this trend may be temporary, substantial pricing discounts could attract more corporate investment into the sector.A notable example is CoStar's acquisition of Central Place Tower in Arlington, Virginia.