Tyler Kesling
Starting my Journey
6 September 2024 | 13 replies
I’m assuming the $6K/month goal is net, not gross, which could be tough to reach in the given timeline, but it's your goal to set, not mine.I’m curious about why you're aiming for multifamily (MF) properties, especially what I assume are larger ones.
Noah Bacon
Harris and Trump's Housing Plans from Last Night's Debate
13 September 2024 | 61 replies
Why should a 1 person company pay substantially more in taxes than a w2 employee?
Claudia Stewart
Dead lawn due to lack of watering on vacant property considered PM negligence?
6 September 2024 | 19 replies
Agents, tenants, contractors, and even employees will forget to turn off the lights.AC - Contractors will turn down the AC and never turn it up.Vacant - It is common in todays market to be vacant for months.
Nancy G.
Closest STR market to NYC
4 September 2024 | 9 replies
I am 98% in the Tampa marketHowever, I am originally from Atlantic City NJ area and actually manage 1 outside of AC and had previously managed a couple in the Long Beach Island area.Obviously very seasonal market but the one I have in Ventnor was bought for around $800k and grosses around $120k per year, 80% coming MDW-LDW
Peter Firehock
Reston Virginia (Washington D.C. Suburb) Buy-and-Hold Thesis
4 September 2024 | 0 replies
It is critical to identify markets with dynamic ecosystems of tech companies and employees, as well as ample availability of high-quality office space.”
Alex Sarnoff
Why would a multi-tenant industrial or retail property NOT achieve the listed NOI?
6 September 2024 | 14 replies
The biggest downside to me of retail or industrial is that any vacancy is likely going to sit a long time, and cost a lot of money to fill (6% commissions to leasing agents on the full gross rent over the entire term and TI buildouts/allowance that can run into the tens of thousands and up).
Maleshia Gilcrease
fha 203K or homestyle reno loan
5 September 2024 | 4 replies
All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors:Ø Since this is a limited repair/renovation program, no General Contractor is required.
Andre Guieb
Should I use a Heloc to secure financing for a new construction deal?
3 September 2024 | 3 replies
Bringing the gross rental income to $5,800 - $7,500 a month before expenses and cap x.
Andrew Steffens
Question for PM's, Self Managers
4 September 2024 | 13 replies
Probably not good for something that grosses $30k but will provide outsized value on larger bookings.
Quinn Olivarez
AirDNA Names Galveston a Top 5 Market Next 5 yrs
4 September 2024 | 14 replies
Gross beaches and just plain sucked.