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27 November 2019 | 2 replies
If the central issue is permeability of rentals, a simple inquiry of the Selling agent or a review of the Rules and Regs should answer that question precisely and expeditiously so that you aren't waiting/wasting time and money to inspect and appraise only to find out that there is a rental cap or prohibition.
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6 June 2017 | 13 replies
Provide him with one of the apartment units with half the rentSet out a price chart for each type of work order and then pay him monthly based on the work orders my management team receives.
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22 May 2020 | 30 replies
@Jay Helms lol precisely
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14 November 2017 | 10 replies
It's the EXACT same situation once that tenant moves in, and there's nothing the bank can do, since AFAIK they don't get a say on who I accept as a tenant after I purchase the building.Your right, and that's precisely why an institution doing residential financing will not knowingly go for this scenario.Commercial loans have annual or semi-annual (or every 3 years, etc) checkups on the health of your business.This is one example of why/how vacant residential real estate often sells for more than tenant occupied.
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28 March 2023 | 27 replies
I just researched several rental estimators and found the following:Airbnb (yes, they have one - very limited)All The Rooms (confusing to use)Awning (good search by address/neighborhood map)Rabbu (lots of detail)Transparent (Pulls data from Airbnb, Booking.com, VRBO, and TripAdvisor)Vacasa (can use it 1-2 times before they want your email and then you're in their marketing loop)I'm putting together a chart that compares these with pros and cons.
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13 May 2021 | 15 replies
I am happy to share information and hope I can make it more precise and useful.1) Assumptions:- Home Price, yes this is a list price, and thanks to you I found an issue with listing updates.
29 June 2019 | 57 replies
I'll even include a pie chart at the bottom of the post.My portfolio is 7 buildings with 20 units total.
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27 December 2023 | 176 replies
It would seem plausible that some of these 5-7% ROI parks will return to the market as distressed sales in the near future, precisely because that return doesn't factor in enough risk and margin for error.
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11 February 2010 | 34 replies
That is precisely what I wish to avoid because I've heard of it happening occasionally with self-directed IRAs when one doesn't plan properly in advance.
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14 December 2015 | 2 replies
With tenants in common you have the ultimate freedom to chart your own course as individuals.