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11 May 2024 | 10 replies
As for kids, some kids are better behaved than others and parents should know to watch their kids and remind them that this is not their house and not to touch things (young kids are kids, so it is up to their parents to tell them to stop) or they shouldn't bring them to a showing.Talk to your realtor and tell them that you want realtors showing the house to go with the people.
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11 May 2024 | 22 replies
Hey, you will save the 10% of the rent next month collecting directly, see looking better already , lol
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10 May 2024 | 4 replies
4 in 4 years is a common scale like 1 this year, but you may find a better door that yields more so you won't need to do 4 in 4.
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10 May 2024 | 7 replies
Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.
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10 May 2024 | 6 replies
What I have found is the smaller the HOA the better for the investor.
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12 May 2024 | 31 replies
@Uendy Garcia certainly better than paying a guru.
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10 May 2024 | 21 replies
Again, many on BP will disagree with my position on low barrier markets that have the appearance of being better for cash flow but this is what I've observed.
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10 May 2024 | 5 replies
I would need to find an even better deal than before to beat the risk free 5% from the HYSA.
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10 May 2024 | 3 replies
The inquires start rolling in now but much better around Feb-March. its what you make of it and how much effort you want to put in.