
13 August 2022 | 1 reply
Anyone to help me find apts that allows corporate leasing in Dallas TX for airbnb or any short term renting .I am starting my business l started with a one bedroom apt already looking forward to expand

15 August 2022 | 7 replies
You can probably purchase brand new multifamily with a legit P/L statement for a 4.5 cap in smaller town.

17 August 2022 | 11 replies
@Nicholas L.
14 August 2022 | 5 replies
Quote from @Taylor L.: Will either one produce cash flow?

17 August 2022 | 1 reply
Quote from @Alex L.: We are taking on a b round for a piece of commercial real estate(remodel) + a business venture inside of that real estate.

22 August 2022 | 6 replies
Columbus is home to the HQ of Chipotle, Wendys, White castle, L-Brands, and Hunnington.

19 August 2022 | 5 replies
But, depending on the property you’re buying, you may not need to review every single one of these (this is where a real estate agent or broker can be helpful as well):Population and job growthHousehold median income trendsAccess to public transportation and amenitiesNeighborhood and school rankingsUnemployment rateCrime rateBusiness openings and closingsNew development activity that could help or harm your intended investmentProperty value trendsFair market rent trendsPercentage of renter-occupied householdsMarket vacancy trendsGross rent collectedMaintenance and repair expensesUtility expensesProperty management, leasing, and advertising feesInsurance expense including past insurance claims, need for flood insurance, and the cost of homeowners and landlord insuranceProperty taxes and potential increase due to change in ownershipProof that any sales tax collected on rent has been remitted and is up to datePhysical property inspections including structural and mechanical, wood-destroying organisms, radon, and lead-based paintTitle commitment on the property and legal descriptionMost recent ALTA (American Land Title Association) surveyZoning or use certificate for property in rural or unincorporated areasNew survey, septic report, and well water report for rural propertiesPhase I environmental report for property near industrial areasHOA covenants, conditions, and restrictionsHOA financial reports including P&L and balance sheetReview of seller financial statements including a copy of the seller’s tax return to verify income and expenses are true as reported to the IRS going back two or three yearsReview of tenant file including the lease terms and conditions, deposit amount, tenant application, and background and credit checksCopies of existing service contracts such as landscaper or current property managerList of all outstanding invoice and proof of payment for all work recently doneLien search to verify there are no existing worker’s liensHistory of insurance claims on the property going back three yearsVerification that property appraisal is for at least the contract purchase price if not moreCompare your pre-offer pro forma analysis to the seller’s reports to make sure the deal still makes sense.Good Luck!

25 August 2022 | 20 replies
Quote from @Nicholas L.: @Jordi Valado just curious - where are you located?

16 October 2022 | 9 replies
Quote from @Cody L.: Honestly it's going to be hard as most brokers still only work with people who have bought in the past (the chicken/egg is not lost on me).