17 November 2021 | 10 replies
I do not want to buy a single family and would like to delve into 8+ units for my first multifamily transaction (first RE transaction).
17 November 2021 | 9 replies
There’s a lot of red flags potentially raised with the IRS if it’s a non-arms length transaction - especially if it’s “too good” of a deal.
22 November 2021 | 1 reply
Does any recommend any lenders that specialize in transaction funding?
10 November 2021 | 1 reply
Title company to complete transaction
10 November 2021 | 3 replies
@William Christopher West Borders & Borders
11 November 2021 | 3 replies
@KG Morgan keep in mind for wholesale transactions you're either paying in cash or hard money.
11 November 2021 | 0 replies
Revenue (USD)1,5046429991,2451,6872,3843,6346,059Revenue 2021:MarketBedroomStudio1 Bedroom2 Bedroom3 Bedroom4 Bedroom5+ BedroomLowest monthly revenue4781551262994855678381,220Highest monthly revenue3,7021,7822,4023,2614,2265,9607,58113,008Top listings by revenue (2021) by typeBedroom (USD):26,267 - www.airbnb.com/rooms/4194669920,739 - www.airbnb.com/rooms/41933482Studio (USD):15,938 - www.airbnb.com/rooms/877259715,513 - www.airbnb.com/rooms/4372084215,505 - www.airbnb.com/rooms/437125351 Bedroom (USD)46,729 - www.airbnb.com/rooms/4371253541,631 - www.airbnb.com/rooms/4473623034,878 - www.airbnb.com/rooms/437125352 Bedroom (USD)46,764 - www.airbnb.com/rooms/4474057646,753 - www.airbnb.com/rooms/2794866646,568 - www.airbnb.com/rooms/352304833 Bedroom (USD)65,067 - www.airbnb.com/rooms/3016841862,927 - www.airbnb.com/rooms/3092969360,572 - www.airbnb.com/rooms/79445974 Bedroom (USD)95,798 - www.airbnb.com/rooms/461402578,379 - www.airbnb.com/rooms/2168099972,150 - www.airbnb.com/rooms/23319248+ 5 Bedroom (USD)71,752 - www.airbnb.com/rooms/3585985153,277 - www.airbnb.com/rooms/541379926,563 - www.airbnb.com/rooms/5281704Other market info- Average selling price m2: 2.680 EUR- Average transaction value: 155K EUR- Average rent (long term) per m2: 4.9 EUR/m2The numbers were collected from a pricing software that we use to manage the pricing of apart-hotel units we operate.With this information I was able to calculate the maximum I would be able to pay for property (including works, buying costs, etc), to have an edge for a positive cash on cash return.Joao Antonio
15 November 2021 | 4 replies
I have made several loans to SDIRA LLCs and on each of those transactions, no one (from title, escrow, underwriting, etc.) balked at the Manager for the SDIRA LLC using the powers granted them by the Operating Agreement to bind the company on all loan/closing documents.
14 November 2021 | 2 replies
Trident Remodeling (Mike Cross) has quicker turnaround times and does a solid job.
15 November 2021 | 3 replies
Working with a reliable and resourceful agent will not only save you time, but will hopefully ensure a smooth transaction as opposed to the headaches of doing your first deal on your own.