Malick Ngom
NEED HELP: Finding insurance for a small condo complex
19 May 2024 | 6 replies
I am in the middle of a transaction where I am selling my condo, however I just found out our complex's insurance had changed recently and does not cover 100% of replacement costs due to a recent claim (last year).
J Newman
Quickbooks Classing Question
24 May 2024 | 6 replies
Hence, no need to worry about sub-classes limitation because Advance offer unlimited classes and locations.This whole multiple LLCs and subscriptions really depends the structure of it.I have clients that have 1 subscription with multiple LLCs and some clients with subscription per LLC.
Gopinath Chandra
Paradyme investments - Any opinion
23 May 2024 | 2 replies
They are advertising very heavily for Pine Street Multifamily Luxury Apartments.Would like to know how good Paradyme investments is and any opinion on their Pine Street multifamily offering.
Udit Agarwal
Multifamily in JC, NJ?
22 May 2024 | 9 replies
Your costs you might not think of are insurance, water, sewer.
Dan Zambrano
Long time Investor Looking for general help on succeeding as Res developer
25 May 2024 | 14 replies
However, if you could spare some time to review my analysis and offer your expert feedback, it would be immensely beneficial in shaping my path forward.Thanks!
Alvaro Rodriguez
fallen Tree after storm Katy texas
23 May 2024 | 8 replies
One last idea, if you are on friendly terms with your neighbors, offer a gift card, dinner or (fill in the blank) in return for cutting up your tree and hauling it.
Forest Wu
How to find offmarket syndication opportunities with great GPs/operators?
22 May 2024 | 74 replies
As Arn mentioned about what people offer, first rule of investing is do not even look at the projected returns first.
Shari B.
When am i bound to go through with a refinance?
20 May 2024 | 17 replies
However, you may be charged for a title search, but it does not bind you to doing business with them or that lender.When you buy bread, if you don't like what is being offered at one store, you can put the loaf back on the shelf and go to another store.
Danya Kafai
New to real estate investing!
23 May 2024 | 10 replies
BP offers a wide range of helpful tools to enhance your knowledge.
Skyler Lehman
Property management Pricing
22 May 2024 | 19 replies
Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.