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7 October 2024 | 1 reply
Built in 1982 and renovated in 2020, the property has recently undergone extensive capital improvements.
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7 October 2024 | 24 replies
For instance I had a special case where I billed the tenant an extra expense monthly on top of the automated rent collection, so I add it as an expense and it would automatically email them and notify me when it was late of course.
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9 October 2024 | 23 replies
But to give you an idea: Take for instance a turnkey 3-Story in Fitler Square (A Class Neighborhood) averages around $550k-$600k+.
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9 October 2024 | 312 replies
I am curious in what instance do people get their money back and when?
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8 October 2024 | 11 replies
For instance, I assume that the sale of the property was also the final year of the syndication and you received a "final" K1.1.
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6 October 2024 | 15 replies
Do not expect them to be proactive in their communication when it comes to renewing leases or anything else.There have been 3 instances where accounting has messed up on my account resulting in more than or less than the normal amount being deposited into my bank account.
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5 October 2024 | 0 replies
Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!
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6 October 2024 | 7 replies
It sounds like it is more extensive.
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5 October 2024 | 2 replies
For instance in the Northwest.. picking anything with Pacific Northwest or local cities etc are already taken .. but when i have someone pick one from where thay are at in the country its never taken..
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6 October 2024 | 5 replies
Be prepared to justify this to the seller, perhaps by highlighting the extensive rehab costs.Rehab Costs An $80K rehab budget on a multifamily property is substantial.