Matt Ayoub
Multiple listings for same property
12 April 2022 | 6 replies
@Matt Ayoub I have seen many operators go with double listings on Airbnb and I recommend it.
Joel Fine
: John Oliver slams mobile-home park operators
17 April 2019 | 0 replies
On the lighter side...John Oliver of late-night TV fame does a segment on mobile homes and the investors that buy and operate them.
Will Dixon
Refinancing Property Held in an LLC
18 April 2019 | 5 replies
You can still app, get full underwritten loan approval, clear all your loan conditions, do your appraisal, then order loan docs after you've transferred your title back to your personal name.Your settlement agent/escrow/title will most likely ask you for your LLC operating agreement to document the chain of title and that you owned your LLC prior to transferring it to your name to issue the title commitment/policy for your refi.Hope that helps.
Eric Hrlbock
Commercial bpo based on fmv not actual rent
18 April 2019 | 2 replies
Get the following document:operating/management agreementt-12current leases/contractsmaintenance records/work ordersThat should be enough to determine past income, projected income (6 months or so), operating expenses, and general CAPEX needed.
Hector De la Canal
Indiana Rentals returns & questions
19 April 2019 | 3 replies
We operate almost exclusively in SFH's.
Justin Schreiner
First time investing newbie
26 April 2019 | 15 replies
I'd just get your numbers locked down as far as operating costs.
Riley Holt
How do people live like this?
20 April 2019 | 27 replies
You can’t screen it out, you can only build operating modes to streamline the cost of turnover.
Haley Bray
Electric vs Gas Heat!
24 April 2019 | 16 replies
A bit of unsolicited advice that you will thank me for later: make sure that you and your boyfriend each have your own holding LLC's and then buy the investment properties as a JV with each LLC owning 50% of the operating LLC.
Jared Chenel
How Realistic is this?
24 April 2019 | 20 replies
You will also need to write up an operating agreement for each LLC and follow the legal process to keep them in good order.
Ron Todd
Are shingles on shingles a big deal?
19 April 2019 | 17 replies
Odds are all the seller will do is get a handyman to get up on that roof and diddle around with his caulking gun loaded with roofing cement among the existing shingles.