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6 November 2024 | 11 replies
If you are buying in the bay area, you need to be comfortable with the property only appreciating unless you are open to putting down 50-70% down on the property.
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3 December 2024 | 0 replies
I currently have several properties for sale in flood-prone areas along the beaches of St.
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3 December 2024 | 1 reply
Recently, a real estate friend suggested I consider starting a title company, as he and his partners (primarily in commercial real estate, like strip malls) could bring business my way.While I’ve worked with title companies in my transactions, I’ve never explored the inner workings of how they operate.
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5 November 2024 | 4 replies
@Neal DaftarySo - You need to set up a regular LLC, this would be considered the parent LLC to the following series LLC's that you will create for the specific purchases.
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2 December 2024 | 3 replies
Others who focus on CoC (I focus on IRR and EMx) will probably comment as well, but most "good" CoC returns are in the 6%-10% range.Out of curiosity, did you buy the property for $75k and is the ARV $130k?
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9 November 2024 | 5 replies
I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.
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3 December 2024 | 5 replies
Nice job acquiring the first deal.
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2 December 2024 | 1 reply
On the other hand, they will manage investor's unit as part of an 'apartment complex' (https://www.zillow.com/b/6734-summer-fest-drive-109-110-san-...).
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14 November 2024 | 4 replies
and how do i cover this up?
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3 December 2024 | 2 replies
He's a partner in an STR management company and is very active in that sector right now in the Charleston area.