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6 January 2025 | 57 replies
Which is also one of the 3 fundamental needs of a business most often (customers, product/service, place of operation).
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21 January 2025 | 74 replies
Jessica, we do have thousands of organic likes on Facebook and have been in business since 2007, please Google us, we are no allowed to ad links nor phone numbers on here.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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11 January 2025 | 49 replies
I say calculated because we are still within our first year of operations so I wouldn't be able to tell you what the actual average stabilized returns are until I have enough data.
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29 December 2024 | 5 replies
But I’d be amiss if I did not suggest that instead you gain knowledge of the aforementioned 3 foundation by studying for a real estate agent/broker license, and then seek employment with REITs, real estate operating companies, real estate managers, or real estate brokers.
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17 December 2024 | 3 replies
.), Either a US credit report or credit trade line history in your country of origin, US Entity documents (EIN, Operating Agreement, Articles of Organization,), 2 months bank statements for proof of closing, and 6-12 months reserves on top of closing costs and DP.
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30 December 2024 | 89 replies
She's not trying to be an airbnb operator.
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2 January 2025 | 29 replies
You can check the NMLS for licensing (some servicers will operate without being properly licensed in that state).
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19 December 2024 | 82 replies
•Operating Expenses Account: For monthly expenses.
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30 December 2024 | 5 replies
They look and operate fine and the cost to replace is minimal.