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4 March 2019 | 4 replies
This is all depending on the location and quality of the property obviously.
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13 December 2019 | 12 replies
Any stories to share on tenant screening or unit turn-over?
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5 March 2019 | 0 replies
Give them small jobs to judge their character and quality of work.
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5 March 2019 | 9 replies
I have a tenant that is coming up on lease renewal. They’ve been there 2.5 years and I haven’t raised rent on them yetThey’ve been adamant in the last they can’t pay more. Taxes have gone up of course. I don’t feel my...
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8 March 2019 | 57 replies
I don't live or die by the 1% "rule" but use it as a quick screening to see if a property might make sense.
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6 March 2019 | 17 replies
They can change quality down to D, but I don't see that often.
8 March 2019 | 15 replies
We bought a 5.5 million retail center in Texas and are now looking up to 7 million for the next one.Retail NNN STNL or MTNL you can get passive at for quality at about the 1.5 million purchase price or higher whereas multifamily you are looking at about 80 to 100 units and quality about 75k a door or more so about 6 to 7 million in price to be more hands off with management in place and layers of repair people.Syndication you can diversify but you lose control and are sharing returns with the sponsor.
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6 March 2019 | 8 replies
They are generally looking for quality properties in major growth markets and strong sponsors.
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7 March 2019 | 6 replies
@Chris Dengel The problem with the software is that it is not the accepted quality report that the IRS requires.https://www.irs.gov/businesses/cost-segregation-audit-techniques-guide-chapter-3-cost-segregation-approachesI'm not sure what kind of quotes you got, but the fact that you placed the two properties in service at different times, means yo would need to produce two separate reports.
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6 March 2019 | 7 replies
Also I recommend to get all the applications for the tenants or require all tenants to be screened (at sellers cost, 40 a adult is good).