Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
For example, ask about typical costs for HVAC repairs, plumbing issues, or roof work.- Use Historical Data: If the seller has accurate financials, their expense data can be invaluable.
Calvin Rappard
Tenant screening / checks on renewal
23 December 2024 | 11 replies
Typically, we would only do an initial tenant screening at the beginning of the least.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Yes, you bring home more each month but when you compare the amount you bring home versus how much you had to put in, the returns are typically significantly lower on your money when you pay all cash.
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
Typically lenders do not allow this but if they do you would ahve to go through a full underwriting to confirm you qualify to make the payments.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
I think this is pretty typical of the ultra wealthy..
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
To streamline design choices, create a design guide or "mood board" beforehand to stay consistent with finishes that match the neighborhood's expectations.For monitoring progress, a property manager can sometimes oversee construction, but it’s typically better to rely on the GC for updates.
Nathan Frost
Vacation Home Loan 5% down
20 December 2024 | 9 replies
Typically it's 10% down for vacation homes for Conventional
Nicholas Dillon
Vetting a Syndicate
30 December 2024 | 7 replies
Do a search on google, syndication websites, reddit, etc2) research the rang e of return for that type of investment.if the typical return is about 8% to 12%, I would be skeptical if you were getting offered a 24%+ returnBest of luck!
Marshall Robins
How often does your Property Manager suggest/advise income opportunities?
18 December 2024 | 9 replies
One of the best times to implement value add is when there is turnover so that is typically when the owners hear from us.
Robert Pierce
Orlando PM Fee's
17 December 2024 | 7 replies
@Robert Pierce That sounds quite typical.