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30 September 2024 | 12 replies
Have the furnace, A/C, water heater etc all on a schedule to have inspected and serviced.
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1 October 2024 | 2 replies
But remember that for studios, tenants typically would pay their own cable, electric and other utilities and maintenance, so the gap is bigger than just the base rent comparison.Our tenants have the option of paying an extra $10/week to have a mini-fridge in their room, and $10/week for weeks they want a window A/C unit.
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4 October 2024 | 35 replies
And you should get a weekly report/invoice itemizing which guards were on your site (C.
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29 September 2024 | 24 replies
Quote from @Colin C.: I am a MLS ONLY broker.
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30 September 2024 | 8 replies
Do you focus on one specific class of property, A,B,C, or D class properties?
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30 September 2024 | 8 replies
- We experience many owners buying Class C rentals, yet expecting Class A results - that won't happen.
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30 September 2024 | 10 replies
@Lavette Reid Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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30 September 2024 | 5 replies
That being said, when they launch their next fund, they are strongly considering a 506(c) offering.https://lastmileinvestments.com/While this is not a list of people I have invested with, I will say a lot of 506(b) operators hide in plain site:- Podcast hosts and guests (talking about what they have done past tense, not current offerings)- The gurus often also syndicate deals- Rise48, per their website, has primarily (if not exclusively) 506(b) offeringsThe thing is, depending on how conservative the compliance attorney is, you can have 506(b) operators advertising like there is no tomorrow.
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1 October 2024 | 9 replies
Similarly, investing in A-class single-family homes offers a different experience compared to C-class multifamily properties.What is your desired goal?
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2 October 2024 | 71 replies
I am in the process of selling a portion of the portfolio but just switching from Class C properties to less problematic Class A properties.