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27 July 2018 | 9 replies
@Jamie Hall Ask the following questions to all potential brokers (in addition to commission splits, fees, etc.) 1) Who will be my mentor, what is his/her experience in total # of MF transactions broken into buyers/sellers, how available is he/she, and what expectations (if any) will he/she have in return for advice (beyond commission split)?
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10 July 2018 | 4 replies
I know if we were taking out a loan this would not be possible as down payments for investment properties cannot be gifted, I'm not sure what the rules for all-cash purchases are.Since I manage our other investment properties in the area (all under my name), I don't want to put this new property in her name as it will create additional hassle of signing a new contract with our PM, creating new accounts with the utility companies, etc.Thanks in advance for the help!
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8 July 2018 | 0 replies
In addition to the 6 apartment homes, there are three empty lots being sold with it.
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22 July 2018 | 7 replies
Given your goals in getting into multifamily, it may be worth considering the opportunity cost of selling now & potentially losing out on any additional appreciation or whether you'd be able to find anything in the multi space anytime soon.
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9 July 2018 | 4 replies
I currently own 50% of a 45 unit mobile home park in South Daytona and I have an additional 4 unit property under a cash contract.
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18 September 2018 | 30 replies
In addition, if they have had the dog there for a long time they may be able to argue that the landlord lost the right to enforce the no pets clause.
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31 January 2022 | 15 replies
These are all great suggestions, I would add do not overlook the power of referrals and building a network in addition to online marketing.
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7 September 2018 | 3 replies
Additionally, I have a decent amount of flexibility at this job and experience large periods of downtime on a daily/weekly basis.
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7 September 2018 | 13 replies
I've looked over many of the older posts in the MN forums so I have seen some names thrown around, but just thought I'd see if you had any additional thoughts.