Steven Stillwell
cozy.co is now apartments.com
28 May 2021 | 5 replies
You can advertise vacant units on each individually, but only more robust property management systems that syndicate to multiple competing marketplaces will be the choice going forward.
Eddie Morales
Tools for Project Management - Real Estate Investing
3 June 2021 | 0 replies
Does anyone know of an all in one or more comprehensive tool that would incorporate the functionality of Deal Machine with a CRM, with a project management tool.
Tu’ssant Rantanen
Newbie house hacker(vacancy & repair)
7 June 2021 | 7 replies
Repairs are a function of the property condition.
Scott Lewis
Convert fourplex to townhomes??
8 June 2021 | 5 replies
The factors here are several layers deep...1- The threshold decision is rooted in local ordinance and zoning...if you're in an area with tight local ordinances you're fighting with the people that live in the neighborhood before you ever reach the city zoning folks...this can go one of many ways2- ROI on the conversion...you're first stop should be with a local architect...they are worth their weight in gold when navigating a project like this and will wade through the regulatory waters much better than you...and a simple phone call may be telling to whether the conversion would be permissible.The extension of this is the cost of the renovation in relationship to the rents received...the stars would really have to align to say you should spend a significant amount of cash to convert a performing building with 4 revenue streams to serve another function (but there is more to this)...and the cost of construction (and lumber in particular) is 5 fold what it was 1.5 years ago...3- As you indicated...exit...I think the only rational reason to convert a 4-unit would be to get condo status or single family/ shared wall and sell one or both of the units to an end buyer (you are basically paying the role of a speculative developer here)...this is happening frequently in locations like Olde Towne East and Merion Village...hard to demonstrate how successful this has been, but it seems far fetched reasonable consumers would pay the same for a free-standing SFR they would for half of a "duplex" or condo, but who knows for sure.Either way you look at it you're in a residential appraisal situation on the comparable sales approach....4 unit buildings are still "single family" homes.
Elin Trinh
What Cosmetic Changes Would You Make?
12 June 2021 | 12 replies
Maybe all you need to do is ensure it's clean and functional?
Philip Williams
Luxury air bnb Rockford IL
16 September 2021 | 9 replies
A fully functioning arcade with 20+ arcade machines, 5 pinball machines, a handful of skeeball air hockey type machines and a retro gaming area.
Anthony Middleton
Deal Machine or PropStream? Which do you prefer and why?
17 June 2021 | 1 reply
I am a new investor so forgive me, but what are these systems’ main functionality/purpose?
Account Closed
Next evolution of Mobile Home Parks
10 June 2021 | 43 replies
In a voluntary, free market, we want to make things functional and beautiful so people WANT to stay there.
Mel Hayes
Is there a such thing as pulling too much out of the deal?
9 June 2021 | 25 replies
You can operate and function more freely and make more money in other ventures with a clear mind.
Alex Smith
Legal Non-Conforming MultiUnit - Financing Challenges
8 June 2021 | 7 replies
Remove one of the functional kitchens from one of the duplex units, get the property reappraised as a duplex and hope the second appraisal does not drop the value too significantly from the contract price. 2.