Keith Hoffman II
ISO Tax & Legal Professionals
3 March 2024 | 5 replies
My company Stag Advisors provides bookkeeping, tax services, and business consulting, and my experience in real estate allows me to serve your needs exactly.
Justin Goodin
Full Breakdown: Operating Expenses
3 March 2024 | 2 replies
These numbers should be determined using a combination of the historical financial data available, feedback from your property management company, your business plan, and the property characteristics.Generally, you can expect per unit numbers like this:Repairs & Maintenance: $200 – $500 per unitAdministrative: $150 – $350 per unitUnit Turnover: $200 – $300 per unitContract Services: $200 – $500 per unitUtilities: $800 – $1,200 per unitAdvertising $100 – $300 per unitPayroll $1,000 – $1,600 per unit (very market specific)Insurance: (very market specific)RE Taxes: (very county specific)Again, these are very general per unit numbers but they should help provide you with guidance.
Josiah Cottingham
New Investor Here Looking for Help to Get Started!
4 March 2024 | 14 replies
It is a major tech hub in the midwest with large companies like Intel investing $20 billion, Amazon investing $3.5 billion, Google building 2 new data centers: one in downtown Columbus and the other in right outside of U.S. 33 in Lancaster.Currently, there are only 3 C class areas in Columbus.
Armando Lopez
Lehigh and Northampton County Contractors
2 March 2024 | 7 replies
My name is Armando and I just moved to the Lehigh Valley to start working on some contractor projects for an investor client of mine and I am looking to add a couple more clients to my list.My backgroundI went to Northeastern in Boston for college studying computers and management but I always loved the idea of real estate, so decided to work for my dad's company doing renovations.
Troy Sabin
Should I be hesitant to give Corporate Housing long-term leases?
2 March 2024 | 5 replies
I have been contacted by multiple corporate housing companies that would like to secure long-term leases and then operate it themselves.
Chris Seveney
This is the VERY FIRST thing to do before you consider investing in a Syndication
3 March 2024 | 1 reply
For anyone reading this and considering investing in a syndication.STEP#1: Go toSEC.gov | EDGAR Full Text SearchStep#2: Put in the name of the company listed in the PPM.If it is a Reg D offering, they should show up under Form & File: "D (Notice of sales and unregistered securities)"For example, for a registered offering put in "Sunnyhill Mortgage Note Fund" and you will see what I mean.
Rachel Chioreanu
What process do you follow to vet contractors?
3 March 2024 | 2 replies
Search their personal and company name for past or current lawsuits (public record in AZ and easily accessible through government website)3.
Lorin Bailey
Validity of lending site
2 March 2024 | 1 reply
The company is K&T Abundance Consulting LLC Website: https://www.ktabundanceconsulting.com/?
Erick Ayapana
Background Checks for MTR - yay or nay?
3 March 2024 | 12 replies
Great company, with good values.
Nick Sab
I have 300k cash and not ready to buy my own.
2 March 2024 | 3 replies
Is there any legit and solid investment company that I can use to invest.