Jim Land
How should I structure this deal? 10 units for a first time deal.
26 February 2020 | 2 replies
Expected vacancy, repairs, management, CapEx, taxes, insurance, utilities, lawn care, snow removal, trash, professional/admin fees.What would your NOI and monthly cash flow work out to be?
Gehmelle Johnson
In response to Covid 19 Tenant Request Rent Reduction-hours cut
6 April 2020 | 8 replies
$200 I might say yes and just absorb it for a couple months if they have been a good tenant.If they want more I might work out a payment plan once they return to full hours.
Chris Clothier
April is here, rent is due, now what?
6 April 2020 | 8 replies
I spoke to so many these past couple of weeks who either had knee-jerk reactions and came out way too hot too early, or they had a cavalier attitude that it would all work out as it always does.
Colby Hanley
Forbearance – Don’t Skip That Payment till You Read This!
12 April 2020 | 3 replies
The guidance given to the loan servicers so far is to try and work out a modification of your loan.
Shafi Noss
How 1031 Exchanges interact with Cost Seg
19 June 2020 | 5 replies
I'd be very careful about trying to advise your investors on tax matters.Ideally they'd retain independent advisors who advise them about the tax ramifications surrounding entering, maintaining, and exiting an investment.If you are providing tax advice (and worst of all -- written tax advice) about how a deal is going to work out, they rely on that advice, and then things don't go as planned I imagine you have some liability exposure.
Scott Nicewonger
Social Distancing Eviction?
6 April 2020 | 7 replies
The gyms are closed, but he's looking for ANY gym that will let him work out.
Connor Wentling
First time investor thinking about a seller-financed purchase
9 April 2020 | 7 replies
If the numbers really do work out and you've done your analysis, I would look into something more like a conventional loan for this one since its so turn key.
Matt Cupp
Multiple Tenants - Do they all complete an application?
8 April 2020 | 13 replies
We tell tenants it will be returned that way and they need to work out disbursement.
Carmichael Lewis
Single family homes vs. Multi units
7 April 2020 | 1 reply
SFH is certainly easier to start with, the due diligence will be less intense, the lending & management typically easier as well.You can learn the ropes on SFH and once you get comfortable start getting into multi family.
Carl A.
Large dental tenant demanding 90 days abatement
9 April 2020 | 37 replies
On a side note had a nice chat with one of the goldman sachs commercial paper work out folks.. its coming.