Amaan Hassanali
Confused on a calculation
29 January 2024 | 0 replies
Edit: Just read ahead and found out that it's the product of the # of units, the cash flow and the time.
Richard Arakelian
How do you determine rental demand?
30 January 2024 | 4 replies
Just be careful about the Days on Market could mean properties on the MLS for sale.
Mei Bae Wu
3 Sisters Farm Land Investment
30 January 2024 | 0 replies
The property was going as a land sale when there was already a house built on it with a detached garage, huge storage shed, a small animal, pen, and a four horse barn.
Michael Wright
General Advice for a Food Truck Park
30 January 2024 | 12 replies
Have you given any thought to things like percent of sales you will charge, what types of foods each truck can have (don't want competing trucks), minimum sales requirements to remain, allowing alcohol sales, who pays for trash services, standardizing prices for things like water bottles, etc?
Rahma Z.
DSCR lender on larger multifamily property
29 January 2024 | 2 replies
Alot of the HML or DSCR programs are capped at 9 -10 units on a multifamily property and I'd love to find one that has a DSCR product on a larger multifamily.
Jack I.
Has anybody heard anything about SB 567
30 January 2024 | 5 replies
Maria Elena Durazo, D-Los Angeles, that would critically hinder your ability to effectively manage and invest in rental housing in California.Here's how SB 567 could negatively impact you:Restricts your ability to move into your property: This legislation introduces a restrictive definition of an "owner," potentially preventing you from moving into your own property if you or your family needed to do so.Obstructs essential repairs and renovations: The bill could obstruct your ability to repair significant property damage or to conduct necessary renovations, even when tenant safety is at risk.Complicates property sales and investments: The bill introduces unnecessary obstacles if you're a small property owner looking to exit the rental market or sell your property.Your urgent action is required to oppose SB 567.
Bryan Buckingham
How can I keep a home and have cash for next project?
30 January 2024 | 7 replies
We have offered on the land 700k contingent the sale of our current home/duplex.
Grant T.
Multi-family/ Apartment Investing
1 February 2024 | 32 replies
Everything is very cheap compared to other cities, and lots of multi families for sale with rents half of the market price.
Brandon Hall
Easy Fix and Flip
30 January 2024 | 4 replies
Purchase price: $120,000 Cash invested: $37,000 Sale price: $224,000 A quick fix and flip in Lewiston Maine, that yielded us about a $42K profit.
Raju Balakrishnan
Navigating the Fannie Mae's HomeStyle Renovation Loan: A Personal Jorney
29 January 2024 | 2 replies
The product may require some adjustments to appeal to a wider audience, as it currently serves a relatively narrow band of borrowers.