3 January 2019 | 19 replies
I would explain to the tenant that you have no intention of removing them, but that your motivations actually align with theirs pretty well, it's easier to move and it's easier to fill a vacant unit both when the weather is nicer, hopefully that can at least get them to the end of your six month term where you can reassess if they want to stay or go then.Cameron
3 January 2019 | 11 replies
Be prepared to have fewer closings than a residential agent would be used to but the commissions are higher to make up or it, if you're targeting higher priced assets.The experience you will get in learning the transaction process, the due diligence required, and the financing strategies to get the deal closed will be better than any training from a Guru because you're in the transaction and learning it first hand.As far as tools, yes they're more expensive in the commercial world, it's just a cost of doing business, get's you larger to deals to make up for the expense, and lowers your overall tax bill at the end of the year.
2 January 2019 | 0 replies
. $75-$80/sf overseas (high quality)-loan service costs are cheaper in US vs overseas…-reselling in US is much easier vs overseas-maintenance people, managers and operation costs are way lower for option 2I know that these are very broad different scenarios with a lot of variables…however I am trying to see if I can get some feedback.
9 January 2019 | 12 replies
It’s so much easier with help.
9 January 2019 | 11 replies
In Ontario its always recommended that tenants have rental insurance to protect their belongingsI don't see how you can be at fault unless the tenant previously notified you that something was wrong with the door or window that may have allowed easier access by the burglar
4 January 2019 | 6 replies
It will be much easier to partner with someone if you're willing to put money/knowledge and construction costs into a deal.
3 January 2019 | 1 reply
That means your targeting a very unique tenant, one who is affluent enough to afford the rent, but has such unique circumstances (job moves a lot, etc.) that they don't want to put down roots and buy.
18 January 2019 | 23 replies
Some sources you can use in targeting specific markets...www.bls.gov www.city-data.com/2.
11 January 2019 | 27 replies
Which was another reason I highly considered the 506(c) since I am familiar with SEO targeted advertising. ( Targeted advertising was also helpful in securing a buyer for my Company's first multifamily deal a while back) Considering my familiarity with technology and platforms I am surprised I missed that idea.
2 April 2019 | 2 replies
For almost every project we’re involved with we can value-engineer the design and or materials selection so there is NO increase in budget for the project which will ultimately be: safer, healthier, more energy efficient (net-zero being the goal), easier to maintain and insure, and feel more comfortable.Investors, in my opinion, are missing an opportunity by not embracing green.