
8 May 2020 | 17 replies
Not sure how this would be able to be evaluated except the section of a PPM that looks at hypothetical investment.Rent Increase Assumption: this will be effected when putting off value add plays, maybe look at 0-1% now as opposed to 2-3%.Renovation per unit: was looking at 3-8 K per unit, maybe now looking at more like 3-5K per unit.Break Even Occupancy: was looking at 65-70%, now prefer to see closer to 50-60%Reversion Cap Rate: Previous was looking at 0.5-1.0 over initial, now looking more at 1.0-1.5xLoan to Value: Prior Criteria was <65-75%; now lloking more for 60-65%.

1 July 2021 | 5 replies
If you give the tenant notice 30 days prior (May 15) then you can give them the option of terminating or signing a new lease with new terms.

4 May 2020 | 14 replies
Like anything else though, we judge things based on prior experiences.
5 May 2020 | 6 replies
With this adjustment of delayed costs the DST distributions are not just slightly, but much higher than my prior NOI and the depreciation expense (and saving) will be higher resulting in additional tax savings.

4 May 2020 | 0 replies
Here are a few things to consider prior to forming an answer.

6 May 2020 | 9 replies
I wonder if they'd give you grief about financing an out of town primary 6-7 months prior to moving back...Good luck!

13 May 2020 | 18 replies
Also, if your loan was conventional; Fannie Mae recognizes the legitimacy of a QC between the mortgage holders and the LLC so long as the LLC is controlled by the borrowers; If the property was owned prior to closing by a limited liability corporation (LLC) that is majority-owned or controlled by the borrower(s), the time it was held by the LLC may be counted towards meeting the borrower’s six-month ownership requirement.

6 May 2020 | 1 reply
I would read @Scott Trench's book "Set for Life" to ensure you have a strong financial position prior to investing in real estate.

6 May 2020 | 5 replies
But, it is written in the lease that all tenants must acquire renters insurance prior to move in.

7 May 2020 | 8 replies
Doing both could be difficult as @Odie Ayaga was saying, especially without prior experience and systems in place.