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9 July 2024 | 2 replies
Hi I am looking to incorporate a real estate software that manages multiple transactions for a 14 person real estate team in NJ.
12 July 2024 | 13 replies
2 tenants in this duplex 1 pays on time every month the other one pays like 5 days late for 50% of rent then pays the rest even later if I evict I would have to give a 90 day notice as they have been there for a while (this is in ny) my property manager also thinks if I evict I can get 10-20% higher on this unit (this is my first property so i don't love taking on so much risk) just not sure what the correct move is here.
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11 July 2024 | 2 replies
Adding keywords related to your investment strategy or market locations can be updated in your settings.
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10 July 2024 | 8 replies
This is the best place for all things real estate related.
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12 July 2024 | 7 replies
Do you own or do you manage for others?
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11 July 2024 | 1 reply
Adding keywords related to your investment strategy or market locations can be updated in your settings.
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12 July 2024 | 3 replies
Please find some details belowAcquisition fee - 5%Asset management fee - 3% of gross incomeconstruction & oversight mgmt fee - 5% of rehab budgetdisposition fee - 1.75%guarantor fee - 2.5% of loan amountPref is 10% with 60/40 split unto 15% IRR and 50/50 there on.This is my first deal in the RV space so not sure what's the norm, so would really appreciate some guidance/feedback. # of fees looks standard but the % are slightly higher than what I have seen in the past (1-3% being normal).
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11 July 2024 | 12 replies
I have used the PMS Avail for the last two years to manage my units & screen all potential tenants.
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12 July 2024 | 6 replies
We manage only 2 units with hot tubs, which are a great value add.
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8 July 2024 | 4 replies
Hello,I am working on a project for which I wanted to get some information about the Loan Origination process. If you have experience using any of the tech platforms like Blend, Floify then thats a plus, if not that's...