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17 September 2021 | 20 replies
I know that sounds like common sense but it's amazing how many people i've seen go against this advice over the years.
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14 September 2021 | 1 reply
I recently completed a project where we purchased a 4-plex in Los Angeles, did a major renovation and then sold the units individually to separate buyers who purchased as Tenants in Common (TIC).
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17 September 2021 | 4 replies
@Jose AguilarWelcome to the community and embracing the vulnerability of putting yourself out there!
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3 October 2021 | 20 replies
Most lenders pull a report commonly called a "drive report" or a "fraud report".
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6 October 2021 | 6 replies
I was wondering if anyone has taken an old ALF and converted it into apartments or a senior home share where the seniors who are living independently with out need of care rent rooms and share common space.
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15 September 2021 | 3 replies
More common is 25
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15 September 2021 | 3 replies
This is/was pretty common in applications where you want to minimize sound transfer (like a condo).
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15 September 2021 | 2 replies
On one single family home (see actual numbers below) I pull in 4-6x the cashflow of $200 per door we often hear we should expect, I am looking for partners to work with me to expand this performance.Total cash costs for Acquisition (20% down payment & other fees), Rehab, and light furnishing of the common areas and each bedroom for this home came to $80,000.
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16 September 2021 | 10 replies
I think that’s pretty common Regarding eviction, you will have to pay filing fees up front with the court but will your PM still charge you the full $250 if the tenant decides to pay and stay?
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15 September 2021 | 0 replies
Within 90 days of purchasing the property I was able to increase rents to $625 ($50 increase) each due to improvements made to the common area, landscaping, and any upgrades we could make while having 100% occupancy.