Corey Graham
Partnering with investor vs. Hard Money Loan
13 May 2023 | 6 replies
Hello Fellow Investors, I am looking for some guidance, I am building a proposal to present to investors.
Jay Zoo
Indianapolis Turnkey gone very very wrong.. Help
16 September 2020 | 13 replies
I am still responsible for portion of the renovation cost and vacancy costs but it is much better situation than originally proposed.
Samuel Sturt
Help me manage my Airstream BnB!
5 August 2022 | 16 replies
My proposal is to park my trailer on your land, you manage it by taking bookings, cleaning and replenishing, all that jazz.
Charles Granja
Owners title insurance
8 December 2022 | 19 replies
A title search and exam is done by the insurer so that a title commitment can be prepared to advise the proposed insured the terms and conditions under which the insurer will indemnify the insured for a covered loss.
Marc Jackson
Best STR multi-property management platform/tools/software?
25 January 2018 | 11 replies
I'm one of those markets and will be monitoring closely the next few months to track my numbers but am hopeful on what they are proposing.
Kavi S.
First commercial lease negotiation
13 May 2020 | 13 replies
Make them do the egwork and come to you with proposals for your approval and offer an offsetting amount you are comfortable with for their specific equipment.Restoration rights and or ownership of equipment at end of lease?
Theodor Chung
First Commercial Flip, 3.6million to 5.5million in 7 months.
18 November 2020 | 16 replies
Proposed a deal where I would give a 4.5% commission, and I would be getting a 20% commission from the listing side since I will be a co-agent/finders fee.The cap rate in the lacey area is anywhere from 6%-8.5% depending on a lot of variables, needless to say, it is at a higher cap rate than King and Pierce county.From an 8.8% cap rate, and considering the neighborhood, leases, tenant base, rent roll, cap X for renovations, and comparables, commercial brokerages valued ours anywhere from a 7.5-8.25 cap rate.Valuation of$420,000 Annual NOI / 7.5% cap rate = $5.6million$420,000 Annual NOI / 8.25% cap rate = $5.09millioncomparbles in the market show rates at 7.25%-7.75% cap rate.
Ay Zed
California Landlord wants $500 from our deposit for this?!
16 May 2023 | 10 replies
Quote from @Ay Zed: California Civil Code 1950.5 includes the following:(2) Based on the inspection, the landlord shall give the tenant an itemized statement specifying repairs or cleanings that are proposed to be the basis of any deductions from the security the landlord intends to make pursuant to paragraphs (1) to (4), inclusive, of subdivision (b).
Sue Benzuly
Cash-Out Refi Rhode Island
29 April 2023 | 8 replies
@Sue Benzuly- thanks ...cash out refinance for a SFR rental in the 6.75-7.25 range is OK ...you need to compare the loan fees ( points) tied to any proposals as well ....fyi - getting lower rate offers on ARM propgrams at 80% ltv is surprising as most lenders cap out at 70 or 75 on cash out refis for rentals ....I would consider the ARM programs unless you plan to payoff or sell the property before the adj time ...good luck
Sergio Altomare
Property Management Software
29 August 2016 | 41 replies
You should be able to make your operation more efficient to provide enough of a benefit to pass on some of the cost to tenants.If I were you, I would get a proposal to both PropertyWare and Appfolio and go with the one that comes out to best meet your needs, at the price point you think it is worth.