Leon Huang
UNR Student Rental Market Questions
10 November 2021 | 8 replies
(4 rooms @ $2.4k or 5 rooms @ $2.75k).It depends on the size of the room and how many bathrooms you have per room.
Billy Daniel
Partnership Structure For Large(r) Deals
8 November 2021 | 6 replies
@Billy Daniel Depending on the size of the raise and the number of investors, you might be stepping into syndication territory.
Ping Zhang
Will you consider this rental deal if there are 28 safety hazards
2 November 2021 | 2 replies
It was the size of a quarter and was from where my wife had a potted plant.
Leslie Yates
1031 Exchang with mortgage payoff and no new mortgage
3 November 2021 | 9 replies
And investors receive 1098s, which can be used to apply their portions of the loan interest payments to their tax write-offs each year.
Allen W.
Rookie Renovation Advice
2 November 2021 | 5 replies
Look at the comps or similar size rental properties and at least match it.
Tyler Sanzone
HELP! I didn't know about cash-out refi!
2 November 2021 | 2 replies
(pet stains that ruined a good portion of the subfloor throughout the house), needless to say it was quite the job for my father and I to work on and update the house over a 3 month period.
Parrish Weaver
Security Deposit Blues
7 November 2021 | 7 replies
Most leases will contain something like this:If Lessee fails to pay Rent, or otherwise Defaults under this Lease, Lessor may use, apply or retain all or any portion of said Security Deposit for the payment of any amount due Lessor or to reimburse or compensate Lessor for any liability, expense, loss or damage which Lessor may suffer or incur by reason thereof.I would not expect to give it back in this case, because essentially they have broken the agreement, but again it depends on the language of the lease you've had them signed whether they are "entitled" to it or not.
Evan Higashiyama
Seeking Help/Guidance on next steps after recent purchase/rehab
3 November 2021 | 1 reply
Purchase Price: $369,000Rehab costs to date (Cash/0% Credit card): $22,000Additional cosmetic rehabs: $6-8kAs-Is Appraisal: $420,000 (April 2021)Current Rental Income (friend living with me): $800Mortgage: $2000Comps in the area: $490-560K but average sqft price $264 with prop size of 2450 sqft, so could be more.Rentals in the area: $2.5-2.9K a month, not including additional living space.My financing/current capital methods:Personal Income: $129,000 a year.Rental Income from above: $800Student loans: $340 a month.No other debts other than CC payments for rehab and personal debts: $12,000.Savings (does not include investment accounts, 401k or IRA): $12,000Cumulative CC Limits: over $50k.My questions include: What are my best options to get this thing to cash flow while adding as much value as possible for a refinance (pay off CC and have cash for another off market property I have in the wings).
Eva Fox
Condominium, do upgrates or not
2 November 2021 | 0 replies
Hi beautiful people ,I will need to sell a condominium in Hollywood, CA.At the present moment, it is the unit for sale in the same complex.Asking 779k.Same apartment size.
Warb K. Wilcox
Looking For Multifamily Investor In St Louis
3 November 2021 | 2 replies
What size and type of multi specifically?