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19 September 2018 | 7 replies
In a lot of @Brandon Turner's publications, he mentions training the tenant properly.
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20 September 2018 | 5 replies
At first, it would be for smaller commercial properties, but if the relationship grows well and we make a good team, I'd love to scale up with them.Ideally it's a win-win for all:For the PM:They get a large chunk of equityThey get more business.They get access to my investors' capital for potentially future dealsIn a way, they eat what they killFor me:I look favorable to the lender with an experienced PM team as a partnerI'll get a deal under my beltI'll be able to get help with the downpayment, reducing the burden on my investors and myselfFor my investorsSure, they lose out on some equity, but they'll get a (slightly) higher return due to the lower monthly management feeThey'll sleep easy knowing that the PM has skin in the game and is experiencedTo be clear, I'm playing the long game, so I'm more than willing to do say, a 55/30/15 split with the PM/Investors/Myself and with a 3-5% monthly management fee.
20 September 2018 | 2 replies
Agree with Charlie on short term in Boston - new regs make that less feasible in Boston proper - but I work with folks who have robust portfolios of short term rentals in Malden and Chelsea, with the transit access of Boston but fewer limitations.
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30 September 2018 | 4 replies
It's easy at first when everything is new and exciting.
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10 October 2018 | 45 replies
For many, house hacking is a nice thing to do, and then the BRRRR method works.Look, if it was easy and everyone could do it (ie: invest, build wealth, make money) etc - then that kind of de-values money.
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9 March 2019 | 15 replies
As a hard money lender, we usually close in 5-10 days so it is easy for us to have the money to close before the 30 days are up.
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22 September 2018 | 6 replies
Roaches can be killed pretty easy with a few aggressive treatments and ongoing preventative maintenance.
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23 September 2018 | 12 replies
Replacing a faucet is a fairly quick and easy task for a plumber, but they'll charge one hour of time and sometimes there is a longer minimum for any service call.
19 September 2018 | 2 replies
Before I start pulling my hair out, I want to make sure i'm using the calculators properly.
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21 September 2018 | 4 replies
I am wondering if there is an easy way in Cook County to find the amount of legal units in a multifamily property without pulling a zoning certificate.My situation:I have a property that is being marketed as a 5 unit, 3 units main & 2 units coach house.