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11 October 2024 | 30 replies
Taxes, insurance, pest control, utilities, software, etc comes out to around $13k per year each for my 2 bedroom cabins.Also unplanned capital expenses will add up.
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4 October 2024 | 10 replies
In order to get out of Freddie Mac's "Limited Multifamily Experience Sponsor" category, you must have ultimate ownership & control of either (i) 3 multifamily properties [1 of which you've owned for at least 2 years], or (ii) 1 multifamily property which you've owned for at least 5 years.
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3 October 2024 | 4 replies
They also have no real control of anything.
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3 October 2024 | 9 replies
As you have experienced, HOA dues going up and so much out of your control, especially if you don't live there.
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4 October 2024 | 8 replies
When you fully own the asset, you're in control.
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6 October 2024 | 36 replies
For outside lighting if possible invest in good quality solar exterior lighting to help control the electrical costs.
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4 October 2024 | 10 replies
They didn't request any refund as it was their issue and I can't control wildfires.The other was due to an elderly family member dying suddenly (not at our house) and they had to leave.
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4 October 2024 | 17 replies
I have some feelings about the timing of the sale of the property, but that's the control you give up as an LP.
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1 October 2024 | 1 reply
Can't decide which is better so I'd love to connect with anyone who has used one or both of these tools to figure out what they liked/disliked etc.Those two platforms are completely different from each other.I haven't used any of those two, however, I was a developmental controller at one point in my life and the construction team was using Procore as they were targeting large projects such as 100+ units groundup development.I believe BuilderTrend is made for remodelers and home builders.Right now, I am partnered up with someone to do construction and I am just handling all the financial side of things, currently using Monday and QBO to make it work.
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3 October 2024 | 7 replies
A few connections who frequent the state senate have said that there is work underway to get this under control.