22 November 2024 | 2 replies
I made an offer on a double, it turns out that it's on two parcels with two separate tax cards but deeded together.
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14 November 2024 | 21 replies
You can always raise it again in 12 months on their next lease.
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26 November 2024 | 9 replies
If these 2 estimates are REALLY far apart, you can also identify items you have a low certainty about and do more research to raise that certainty and narrow those estimates.
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20 November 2024 | 9 replies
TIAIf you have an electronic record (bank statement, credit card, accounting software, etc) of the transaction the IRS doesn't require you to keep receipts unless it's a cash (took real paper money out of your pocket) transaction for $75 or more.
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26 November 2024 | 13 replies
Biggest thing IMO is getting close to the train station and have a high quality units that may not look attractive on paper the first few years but will have the ability to raise rents consistently long term.
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28 November 2024 | 26 replies
I also raised rents this summer.
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25 November 2024 | 13 replies
Temple now attracts students from more affluent backgrounds in the Philadelphia suburbs (kudo's to the school for raising it's academic reputation).
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24 November 2024 | 8 replies
That being said, I'm part of an experienced Syndication Group who invests not only in Multifamily, but also different asset classes: Self Storage, Mobile Home Park, RV Park, and Retail - all to diversify the investment offerings.Reach out, and the next time we have an LP capital raise, I will send you the OM (and obviously info on our company) to review.
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21 November 2024 | 18 replies
Even if you can raise $10mm, but have a small net worth and liquid cash, you won't qualify with the best deal.
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21 November 2024 | 3 replies
At least try to have all credit cards below 20% of the their individual limit.The first image shows the drop of 59 points and the second shows the reason, I forgot to pay down one of my Citicards before the statement closing date.