Julio Gonzalez
Deductible Repairs vs. Capital Expenditures
24 May 2022 | 6 replies
A capital expenditure typically either increases the value of an existing asset or adds an entirely new asset.
Jonathan Formyduval
Mobile Home Park - Jacksonville, NC
2 February 2022 | 0 replies
Purchase price: $850,000 Cash invested: $125,000 13 pads, 11 park owned homes, asphalt driveway/parking pads, city water, individual septics What made you interested in investing in this type of deal?
Deidra Swenson
Package of 3 Self Storage Facilities
2 February 2022 | 0 replies
The seller owned the properties since 2016 and never did any rent increases on existing customers and his market rates were below market.
Deidra Swenson
Package of 3 Self Storage Facilities
2 February 2022 | 0 replies
The seller owned the properties since 2016 and never did any rent increases on existing customers and his market rates were below market.
James Bowers
Proper insurance for agents also flipping
2 February 2022 | 2 replies
My concern is always the potential liability that exists when dealing as a direct buyer while I hold a real estate license.
Guy Idan
Best way to renovate with tenants in place?
4 February 2022 | 7 replies
Hi Guy,You could start with the two empty units, and when they are done offer them to existing renters at market rent.If you get takers, you have automatically emptied (and filled) two units without taking a financial hit.Time to turn the units depends on how much renovation you will do.
Eric Brust
Looking to Refi 4 Unit in Myrtle Beach
18 March 2022 | 5 replies
There are no existing liens on the property.
Hemal Adani
What are the things to keep in mind when using turnkey company?
4 April 2022 | 21 replies
You do need to check turnkey providers' work, verify the numbers, and frankly, sometimes even make sure the property exists at all.
Molly Arnott
Meridian Short Term Rental
11 February 2022 | 4 replies
There have been a LOT of places coming on the market (including the ones I'm selling to clients, heh) so we'll see if saturation will affect the 2022 summer!
Blake Ramsey
How prepared did you feel going into your first deal?
21 February 2022 | 84 replies
If you either don't have the bandwidth or still feel like you're just not sure, consider a turnkey company as a way to tap into an existing, proven network while also having a mentor to provide some guardrails for your first deal.