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16 October 2024 | 5 replies
I own a mixed use property (4 residential units, 1 Commercial unit) and need to update the lease of the Commercial tenant.
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17 October 2024 | 7 replies
One has no experience with real estate, however, does have experience with managing systems with a large company.
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20 October 2024 | 9 replies
The property will be available to view early next week (after the holiday weekend) for estimates for the job.If you know of any solid, reliable general contractors who work on rental investment properties . . . your recommendation would be greatly appreciated!
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25 October 2024 | 4 replies
I have an investment property in Los Angeles county, my tenant is paying me on time.
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25 October 2024 | 7 replies
Hello, I am selling a property and it has appraised lower than the contacted price by $9,000.
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17 October 2024 | 12 replies
I feel a bit stuck in this scenario, and I could use some advice.I'm raising some money from private investors and wanted to run some options by more experienced posters, because I'm a bit unclear as to what the best way is to structure my deals with private investors, or if there are better options that I'm not considering.Here are some rough numbers to capture a deal that is on my radar:Loan amount from investor: $110kYearly Interest Paid to Investor: 7%Monthly Rent from Property: $1300Monthly Interest-Only Payment to Investor: $642Monthly Property Taxes: $71Monthly Insurance Payment: $71Property Management fees: $104Net Cashflow: $412Now, this is not a bad outcome, and I am fine with it, but I am wondering what someone else might do differently if you were in my position - Should I charge an upfront fee to my investor (maybe $5k or so for this deal and also keep the cashflow as my monthly management fee), or would you instead use the $110k from the investor to BRRRR a bunch of deals, or would you try to just use the capital for one deal at a time?
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25 October 2024 | 0 replies
Newer out of state investor who lives in VHCOL area (though used to live in TN) and thinking of buying a townhouse property for STR.
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13 October 2024 | 1 reply
Hello colleagues, we manage a medium size apartment (73 units).
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17 October 2024 | 4 replies
I did review other similar properties in the area (recently sold and not recently sold) and other properties throughout the entire city.
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24 October 2024 | 32 replies
Also, how does the property cashflow?