Brandon Cormier
How did YOU get into your first commercial multifamily deal?
29 January 2025 | 4 replies
Harder to cash flow due to 25yr am vs 30yr standard.
Pilla John
Curious Question for Fellow Owners!
19 January 2025 | 1 reply
Whether it’s a deep clean or a quick standard turnover, I’d love to know who’s been your go-to.
Jesse Yoder
What Insurance to use for BRRRR
20 January 2025 | 6 replies
If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
Aj Green
Can an Ohio Lender Beat a 6.75% on an Invetment Property?
22 January 2025 | 16 replies
Many of the properties I have been looking at have issues but in this case I'm working with the seller to let me get it up to conventional appraisal standards before they inspect it.
Simon Packman
Multi Family insurance
30 January 2025 | 8 replies
If you've done a complete renovation—say, updating a 60-year-old building to 2025 standards—their quote could be outstanding.
Spencer Ware
Retired NFL Player 2x SB Champ
27 January 2025 | 48 replies
They wouldn't be coming to you.So you can get a gold standard investment advisor and give up .5 to 2% of your return, or you can send the money to one or more huge index funds like Vanguard 500 index fund and sleep well at night.But if you think you have something of value other than the generic value of money, you will be sorely disappointed.
Kris Lou
PM Fees in Indy
30 January 2025 | 6 replies
8%-11% is pretty standard here and as someone mentioned it really just depends on how the company is run.
Grant Shipman
Syndicators & Capital Raisers: Avoid SEC Trouble!!
1 February 2025 | 4 replies
You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.
Kwanza P.
Typical PM Rate for Distance Managing
5 February 2025 | 15 replies
I'm also in a pretty extensive Mastermind for STR PM companies and those rates are pretty standard.