Jeremy Porter
Unlocking Orlando's Property Management Potential
1 February 2024 | 0 replies
Join us as we explore the intricacies of property management and its impact on rental success in Orlando.Understanding Property Management FeesProperty management fees can vary depending on a range of factors, including the type of property, its location, and the services provided.
Tony Pellettieri
New Construction HML in Foreclosure Proceedings - Needs Help
1 February 2024 | 1 reply
Factoring in the cost of the foundation to the amount quoted to complete construction, I estimate his overall construction costs to be $154/sqft.I spoke with my GC we use for our Rehabs to see what he would charge to complete House 1 and Build House 2.
Zhijie Wang
Financing Approach on a large Rehab project
1 February 2024 | 2 replies
Maybe because I did all my rehab and reno in the past with cash, but the terms of hard money is high 10.9 - 12.5% with 2-2.5% origination fee, and a long list of draw fee, inspection fee, doc fee etc.Right now i have 450k cash in the bank, 250k HELOC from main property, another 200k HELOC can be opened on my fully owned GA SFH.
Marlene Azada
Recommendations for Self Directed IRA Companies
2 February 2024 | 6 replies
Hi all, Any recommendations for a Self Directed IRA Company that does not charge a lot of fees.
Clive Smith
Need help with structuring deal for commercial building
2 February 2024 | 0 replies
Potential for increase in rents and appreciation upto 3.5 to 4million in 5-6 years but not sure.Rents at 210k per year for 4 tenants. 50k per year total paid for common area maintenance by all the tenants - which includes property management fees, property tax, insurance, snow removal, other maintenance and misc stuff.
Dre Renfroe
need guidance please help
2 February 2024 | 3 replies
It really depends on a number of factors.
Kristina Kyle
Exploring Current Trends – What's Catching Your Attention Lately?
2 February 2024 | 6 replies
It's interesting to see how the market evolves and what factors cause those changes, and there's so much real-world perspective I can gain from this community.I wanted to kick off a conversation about the latest trends you've been noticing.
Ashley Bitner
Don't know which direction to take - analysis paralysis
3 February 2024 | 3 replies
I would love to chat more about your situation because there are a lot of factors that would be impossible to consider here such as importance of cash flow vs appreciation, how your income situation looks (tax benefits can play a major role in investing decision making) and so on.
Benjamin Foullon
Looking for Financing
1 February 2024 | 13 replies
Hey @Benjamin Foullon - you CAN get a DSCR at that price point, but there are fees that are fixed (so they are the same whether it's a $75k loan or a $750k loan) and they can seem high relative to the low loan amount.
Jackie Linne
Taxes question for LLCs
2 February 2024 | 11 replies
@Jackie Linne - SM LLCs will report directly on your personal return, some states have additional filings and fees you should look into.