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14 September 2021 | 2 replies
In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.
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9 October 2022 | 3 replies
Also looking for business/transactional lawyers to discuss STR Business entity selection and to discuss the legal decisions and implications surrounding my non married partner and I buying this land together.Last but not least, looking to connect with other investors/groups/masterminds especially in the STR and multi family space to exchange ideas!
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20 September 2021 | 0 replies
If you have had an excellent experience with a contractor in this scope of work, please pass along their contact info.
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23 September 2021 | 6 replies
Awesome that you found BP, it is an excellent resource.
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22 September 2021 | 6 replies
Loads of excellent information on here.
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21 September 2021 | 2 replies
I am super selective with who I choose to do business in that I only work with serious investors that do quality rehabs.
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22 September 2021 | 16 replies
You should target ~30% - 30% expense ratio (expenses/revenue).Also, the pro forma rents they have are most likely higher than what is in place because it's a value add deal and the goal is to Reno and then push rents.I've never used the valuation calculators before, but I would trust my own math in excel more than that.
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27 September 2021 | 3 replies
I am active duty military and booked directly with the New Orleans Sheraton website and was able to select a military price.
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22 September 2021 | 4 replies
(Not legal advice)Excellent post, good information there.I practice in Indiana, so the below may not be relevant/correct for other jurisdictions.Some additional caveats/tips I would add:- if you have a bankruptcy filer filing multiple bankruptcies to stave off a foreclosure sale, especially after the second/third bankruptcy filing within a year, and you attempt to seek In Rem relief, it is a good idea to get a certified copy of the Order for Relief and record it with the county.
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21 September 2021 | 2 replies
He overpromised, under-delivered, cut corners, knew nothing about building codes in our city, employed teenagers, stole from us, caused thousands of dollars of damages to our property, and vanished.What we are doing differently as we recover from this debacle that we hope will help you in finding and selecting a great GC to work with:Ask for contractor referrals from trusted, community established organizations.