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23 March 2022 | 15 replies
If a map area has a lighter shade of blue, it means the cap rate is lower in that area.If an area has no shade at all, it means there were no multi-family sales for the time period.This analysis covers the 2 year period ending on August 14, 2021.
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14 September 2021 | 10 replies
My lease has something along the lines of overnight guests cannot stay any more than 8 nights in a period of 30 days and the landlord has the right to restrict or revoke guest privileges if he/she feels this privileges are being abused.
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5 October 2021 | 6 replies
You always have to allow service pets, period that is federal law.
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9 September 2021 | 3 replies
If you are buying cash, there really should not be a seasoning period that you need to abide by, but you'd want to get all the work done that you have identified so that the appraisal comes back as strong as it can.
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20 September 2021 | 2 replies
In this case, a 70/30 split was agreed upon at the outset of the syndication (70% to investors, 30% to the Jane and John).At this point, each passive investor has received monthly cashflow checks during the renovation and hold period, plus their initial capital investment back once the property sold, plus their portion of the profit split after the sale...a pretty sweet deal for little-to-no work!
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8 September 2021 | 2 replies
If it's month to month then you can put in your contract that you'd like the home to be delivered vacant OR request that they do not make lease changes during escrow period.
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9 September 2021 | 2 replies
Yes, it will cost you more, sometimes, but maybe not if the project can be completed in a shorter period of time.I live in California and we don't do BRRR, but I do flip homes locally.
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22 September 2021 | 14 replies
It's common to use properties in your portfolio as stepping stones and trading them out after a period of time utilizing great tools such as the 1031 exchange.
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25 September 2021 | 6 replies
The demands of the job prevents them from bouncing out for extended periods of time, but 3 day weekends are very normal.