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20 July 2024 | 13 replies
More importantly, Paramount (Prestige Fund), a large player in the industry has stopped distributions and communication is awful.
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20 July 2024 | 29 replies
Rates good in increments of 15 and 30 days.high six to low nine is correct for 30 year fixed DSCRNo: syndications, property needs work to rent, ARV, cap rate doesn't matter, no STR rents, no bad credit history such as modification or covid excuse... and a list of outs.The number of players decreased and their rules continue tightening, though rates are better than a month ago.
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20 July 2024 | 4 replies
These loans typically have restrictions that prevent them from being transferred to an LLC or other business entity.
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22 July 2024 | 38 replies
PM’s like you love to talk about Transparency and integrity but are just the opposite and are more smoke and mirrors than anything worthy.More than likely you haven’t even placed a section 8 tenant in years nevermind appealed, disputed or challenged the section 8 rent that was initially approved in order to get even higher section 8 rent and maximize the rent as we do with many of our properties and those properties we deliver to our clients.I really dont even have anymore time for this with players like you but what I do know is what we are delivering to our clients as well as our section 8 tenants day in and day out, case in by case out, and the one thing we realized a long time ago is that every case is unique and there are always exceptions with the right checks and balances.
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19 July 2024 | 3 replies
Also, they're buying it just over a 5% ( noi 3 / 58) cap rate and planned to sell three years later at the same 5% cap rate, with the largest influx of new Class A multifamily to the Atlanta area ever in the next three years to compete against this Class A property, which should only continue to drive down rents or prevent NOI growth at the least.
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20 July 2024 | 8 replies
Good to know there's a way to try to prevent it.
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19 July 2024 | 12 replies
Owners come primarily in two flavors...the Micromanagers, that know more than you; and those that prefer being oblivious and not bothered with anything but the most significant incidents.What I have focused on is developing solid systems and processes in all operations with the goal of prevention, rather than constant corrections.
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22 July 2024 | 82 replies
It was clear from the video that this new law attempts to prevent wholesaling entirely, and Pickren feels that the interpretation of the law is sufficiently wide enough that any marketing for the assignment of a contract will fall of under the definition of this law.
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19 July 2024 | 7 replies
What can I ask in terms of how to carry the animal around to prevent anyone else complaining of allergies and such?
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19 July 2024 | 4 replies
You could likewise do a lease option instead of a wrap which would prevent that from happening although admittedly, buyers rarely follow through on lease options.