
13 March 2024 | 11 replies
It makes it extremely difficult to scale, you'd need millions to do it that way to scale.The absolute best way to start for most are the bridge loans with rehab.

12 March 2024 | 40 replies
For my clients and my own acquisitions, I prefer to do a deeper dive right off the bat; it takes just a minute or two and is more tangible.

13 March 2024 | 8 replies
This really goes to show that they care about the success of their clients, and stay involved to assist when things don't go exactly according to plan.

13 March 2024 | 9 replies
Hey Wyatt,I am an analyst at a real estate investment firm that specializes in helping clients invest in syndications, both 1031 exchangeable syndications and non-exchangeable.

13 March 2024 | 13 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

12 March 2024 | 2 replies
Hey Stephania - lending on these is very difficult since they are considered rent-by-the-room and commercial.

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.

11 March 2024 | 10 replies
Nobody seems to be talking about WEST SACRAMENTO but my clients and I are focused heavily in this small area because of its close proximity to downtown but also low regulation since it's a small separate municipal government - it's not even in Sacramento county, it's Yolo county.

12 March 2024 | 2 replies
A client of ours had delinquent taxes and the property was scheduled for a Tax Deed Sale.

12 March 2024 | 8 replies
I did one this year in 90 days for a client.