Rachel Blackwell
Distressed Fixer Properties, deal breakers?
27 May 2020 | 2 replies
I will not walk away from any flaw in the property itself where costs are definable.1) Is it possible to get solid bids that stay in line with the budget (and appropriate margin for error/unknowns vs ARV2) Physical inspection must reveal the full scope of the issues not don't enter the dreaded "we won't know till we tear into it."
Maggie Bill
Stuck in a lease to own
27 May 2020 | 3 replies
Of course you can say “I can pay this much for the property or I’m not going to exercise my option to buy” and let them decide.
Chris Stegall
You are a failure.Yes, I’m talking to you.
29 May 2020 | 6 replies
It is all perspective.If somebody or ANYBODY (with few exceptions like those with mental/physical disabilities, etc.) is broke in America it is because they don't truly appreciate what we have here.
Daniel Sabato
Vacancy Rates & Evaluating Neighborhoods
27 May 2020 | 4 replies
Does anyone have any tips for evaluating neighborhoods that you can't physically get to.
Justin R.
Underwriting Margins During Covid
27 May 2020 | 1 reply
Although I am not particularly "low balling" anyone, I do factor in margins for the unknown during these volatile times.Personally I have been adding to my vacancy reserve (physical/economic vacancy growth) as well offering at a slightly decreased amount (1 percent above prevailing cap rate) due to the current state we are in (Covid, Eviction protections, Unemployment, etc.)
Rob Ferdinand
Boston refuses to cash flow
5 December 2020 | 63 replies
Many of them, such as labs and healthcare will continue to require employees to physically commute into the office.
Johnny Hoang
Tenant Cloud (multiple addresses under one property)
3 June 2020 | 1 reply
If you put all the addresses/buildings on one property, the fields will not fill in correctly.If you separate the buildings with their physical addresses, it will make it multiple properties which will make it difficult to expense lawn care, snow removal, pest control under one property.Any advice from fellow TC users that run into this?
Tim Silvers
HOW IS THE EIDL LOAN PAYMENT CALCULATED???
4 June 2020 | 10 replies
They can’t be used as capital for physical improvements..."
Will Pritchett
Motels run as STRs??
5 April 2022 | 9 replies
I was thinking the platforms for bookings and some marketing if no one is physically present to check people in.