Carlos Minoli
Buying in Columbus, GA as out-of-state
18 April 2024 | 3 replies
Does anyone know a good property management company to recommend in the area of Columbus, GA?
Scott Trench
What’s Worse? Capital Call? Rescue Preferred Equity? Or Foreclosure
23 April 2024 | 30 replies
I jumped onto more active REI Q4 22 when i realized some managers had no grasp of a changing environment, and others were way ahead of it.
Tiffani Suarez
Multifamily investing PML funding
19 April 2024 | 5 replies
This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.
George Suarez
New Real Estate Investor
18 April 2024 | 16 replies
House hacking will also give you some personal "property management" experience.
Ryan Davis
New MLO - Prospecting for Business
19 April 2024 | 12 replies
Typically the "owner" of the "firm," on paper, is simply a Loan Officer or Branch Manager, and all "his" employees are actually Loan Officer Assistants with pay-stubs that say "XYZ Lending" on them.
Khushboo Agarwal
Suncadia/Cle Elum STRs
18 April 2024 | 1 reply
Hello allI have been looking at some areas in Washington state and Str’s around Suncadia caught my eye but it seems there are some restrictions if you don’t use their in-house property management.
Corey G.
Property management LLC (filed as an S-corp for taxes) on my own properties?
16 April 2024 | 12 replies
I read that it was possible to create a PM company under an LLC and pay myself to manage the properties but then I would be subject to 15% Self Employment taxes.
Donna Johnson
Locations Best to be AVOIDED for Investing?
18 April 2024 | 2 replies
Look for a property manager.
Jason Eisert
Need Advice: How to Increase Bookings for Unique Luxury Hawaiian Mansion
18 April 2024 | 46 replies
I am the owner of a 10,000 sqft luxury mansion in Hawaii that I have spent the past two years renovating and managing.
Yong Jin Lee
?: Tax Deduction on people who are on W2 and do the rental property Investing
18 April 2024 | 3 replies
The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.