Robert Zajac
Questions/concerns about normal PM fees/expectations for Cleveland Ohio
18 April 2024 | 12 replies
I want to make sure my property is getting managed well and everything is taken care of such that I minimize vacancy and other tenant issues that would add additional cost and headache, but I haven't ever heard about PM fees being this high.
Eric Girard
I help regular buyers build real estate portfolios
16 April 2024 | 3 replies
Step 2: Moved out, rented the 1st condo for $1800 per month.Step 3: Bought a new primary home in a LCOL for $175,000 which costs less per month than rent.Step 5: Moved out of the 2nd property and rented it for $1850.Step 6: Rented an apartment with somebody else.
Cody Cavenaugh
Investment Property Loan
19 April 2024 | 14 replies
Hello, i'm looking to get a loan for an investment property in dallas but can't go the traditional route due to too high of a DTI and being a business owner.
Evan Polaski
Is Floating Rate Debt still Bad?
17 April 2024 | 3 replies
And right now rates are at multi-decade highs after a rapid run up, so the wounds are not only fresh, but the bleeding hasn’t been controlled yet.Mistaken Identity: If the syndicator on the panel says he prefers floating because he can borrow capital improvement funds, he is talking about bridge debt, which happens to have a floating rate but isn’t the primary characteristic nor the reason people use it.
Arif K.
Tenant asking for rent reduction or threat of lawsuit
19 April 2024 | 8 replies
.: There is no legal requirement to respond to her threats.I highly recommend you hire an attorney and get rid of her.
Pratap Bhandari
Rural Area commercial real estate financing
17 April 2024 | 4 replies
If that doesn't yield any results, I would advise you to lower your expectations for high leverage.
Kevin Salamea
Locations to best invest in PA
19 April 2024 | 19 replies
I'm live in Old bridge, NJ and due to high property taxes in New Jersey, PA seems like the best state to invest in(Tavel time ) I'm trying to identify rental markets and research, while trying to establish a team.I've done some research and came up with a few areas in PA include Allentown, Lehigh Valley, Bethlehem, Scranton, reading and Kutztown I'm hopping to cash flow between $100-200 per unit is possible (with property management), and can reasonably expect some appreciation in the next 10-20 years (2-4% per year would be ideal, though achieving positive cashflow on my first purchase is my #1 focus).
Matthew Masoud
What Percentage of your reservations come from Airbnb?
18 April 2024 | 36 replies
With high fees and the grip Airbnb has around your neck my goal for 2024 is to get it down below 25%.
Seth Kristian
Denver hellbent on taking STR License
21 April 2024 | 25 replies
I submitted evidence refuting the mail issue, being in arrears etc… so they couldnt use any of their evidence from the highly over paid (by your taxes) AI analytics which produced that evidence and they decided i didnt meet my burden of proof because the airbnb was rented out for too many nights out of the year.
Alan L Donald
Seller Financing Questions
19 April 2024 | 3 replies
From the way you laid it out, you want to sell on seller finance because you paid too much, have high expenses, and a vacancy.