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11 July 2024 | 6 replies
You'll typically ask for it when you're requesting permits to modify your home to have the JADU.You can "sub meter" the water instead of installing an actual water meter.
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11 July 2024 | 6 replies
The larger the deal, the lower percentage the fee should be.1-2% Asset management fee5-8% preferred return to investors (I don’t like higher than 8%, as this forces the sponsor to sell, in order to profit)70/30 to 80/20 split (I don’t like 90/10 splits, as there is little incentive for the sponsor to perform)A waterfall that incentivizes the sponsor at a 13-16% IRR is ok as well.
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11 July 2024 | 7 replies
People purchasing single family homes for almost retail price for outdated home that will not yield any profits unless the work is DIY.
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8 July 2024 | 18 replies
Looking for advice on best strategy/next step following sale of a home we owned in Florida as an STR.Background: Sold 3bed/3bth home, have approx $600k equity.
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11 July 2024 | 22 replies
That is a cost, but well worth it to have that equity available to leverage to make larger returns.
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7 July 2024 | 4 replies
Scenario:I have about 8 months left and am looking to finance a duplex using my VA home loan, with the intent of house hacking it..
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10 July 2024 | 11 replies
My family is located in MLB, and just purchased a second home there (south of the airport).
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8 July 2024 | 12 replies
@Sam BoothCan you add a larger window or another window to each unit?
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8 July 2024 | 15 replies
"for rent by owner", investors)-search for non-homestead properties in your county and send postcards to those owners that own homes that meet the criteria you want to focus on-network with real estate attorneys -network with trustees in banks that offer trustee services-look up court records of landlords who have filed their own evictions and send them postcards -network with HOAs that have non-homestead properties in that association -when you see a "for rent by owner" sign in your area, send the owner a letter -join Facebook groups (for rent by owner, landlords) and being to contribute -improve your SEO on your website-find someone who can help you gather landlord info from Zillow, etc.
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10 July 2024 | 7 replies
Our home needs some work.