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Results (10,000+)
Toben B. Where do property management fees go on IRS form 8825? Under commissions or Other?
13 March 2024 | 2 replies
We create a new line under "Other" but it does not really matter 
Justin Ossola Cost Seg in 2024
13 March 2024 | 4 replies
Can anyone recommend resources or calculators that assist in evaluating the impact of these factors on investment decisions?
Mak K. Experience with Renting to Home Health Patients
12 March 2024 | 1 reply
Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate a higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property for standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.
Jack Saunders Due Diligence is a scam
13 March 2024 | 17 replies
The other things you choose to pay for, inspector, termite inspection etc those are your choice...and you can just skip them and close eliminating the concern about option money.
Partap A. Landlord rights (Property management not sharing tenant info)
12 March 2024 | 17 replies
Recommend you hire a real estate attorney to assist you in understanding why the property management company shouldn't and doesn't have to share confidential application information with an owner.
Elton Tate Seller Wants an Offer Before Seeing Property
14 March 2024 | 26 replies
The investor will only find out 2-3 months after purchase that their expectations won't be met.Let us know what else you might need assistance with. 
Matthew Matilsky Invest in NJ or out of state for first multi family
13 March 2024 | 37 replies
Rutherford is an odd combo choice.
Amanda Long Please fill me in… whole sale company vs property owner
14 March 2024 | 11 replies
Not all lawyers are created equal, or even have your best interests in mind. 
Zeona McIntyre Who’s doing MTR in Ocala? I’d love to discuss demand, seasonality
13 March 2024 | 11 replies
WEC has created work arounds - and because the facility is so spectacular - yet still affordable, they are booking all kinds of events throughout the year - concerts, dog shows, horse events in other disciplines, holiday open houses and markets, impressive calendar. 
Jaci Sattler Completely New to RE Investing with Some Questions
13 March 2024 | 8 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?