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17 June 2020 | 17 replies
It turns out that most brokers who typically will offer attractive refinance products (75-80% LTV) on an LLC-owned multi are currently frozen or are offering poor terms during the shutdown, which has no end in sight.
13 June 2020 | 3 replies
If you're self-managing, I would say reconciliations are not hard calculations (just the difference between what the tenant contributed towards common area maintenance, insurance, taxes, management fees, etc. and what the landlord actually spent), so if you are handy with Excel you could produce something professional-looking pretty easily.
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15 November 2021 | 8 replies
(I have a computer consulting background).I charge a T&M fee to create,produce and update these listsI print,stuff and mail their mailings for themPart of my service includes Buyer Agency and an agreement to List any properties they fix and flip.These services and fees are reasonable to pay as it helps you achieve your goals.Interview a few agents and find a match that suits your needs.Any agent can do this for you, but only a good agent can do it well for you.LOL, I now see you are an agent, you can do this through your MLS
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1 April 2020 | 4 replies
Ever give any consideration to doing something different that might produce an income on an empty lot like urban farming?
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6 April 2020 | 13 replies
But the amount of growth possible from current rents (pre-corona) to market (post-corona) will be tighter spread.Cap rates I think 50-100bps is probably right, but again, depends on how quickly sellers are willing to price in the unknown to attract buyers.
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8 April 2020 | 9 replies
That being said, prices can be attractive.
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1 April 2020 | 0 replies
So I've been trying to get a commercial rental listing on a vacant unitthe landlord says that he may want to sell his building and that one of the most attractive parts about his building is that the purchaser can write off or get a rebate on tenant improvements for this vacant unit which is more attractive than having a tenant that pays rent.I am thinking that it would be better to have a tenant that pays rent because the purchaser will likely be a developer that sits on the property and uses the rental income to defray expenses.What do you think?
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9 April 2020 | 5 replies
However, I assume all the people living nearby pass by the property and with good signage you would attract some.
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10 April 2020 | 5 replies
Distractions are anything that keep you from the income/result-producing activities.
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3 April 2020 | 5 replies
Meanwhile while your sitting around waiting for the flip to get done and spending your money on a contractor you not producing.