Tiffany Smith
From single family to multi family
1 January 2020 | 28 replies
Due Diligence Handbook for Commercial Real Estate by Brian Hennessy is also a recommendation.However getting on in there and experiencing will always be the best.
Doris Jin Huang
Are our rentals a business or investment for tax purpose?
30 December 2019 | 9 replies
We manage the units ourselves and one of them is quite time-consuming (plenty of repairs, and with eviction involved..). 1.
Patty Capson
property management app
8 January 2020 | 6 replies
I tried Tenantcloud and felt it was too time consuming...What do you use and what are your likes/dislikes?
Justin Polston
Getting nickel and dimed to death by PM?
6 January 2020 | 3 replies
Dodd Frank stuff here too, and once the tenant buyer creates something called equitable interest, you'll have to abide by consumer protection foreclosure laws when it's time to take it back.
Derek Hutson
Storage units... the new frontier?
26 January 2020 | 10 replies
.)- Potential to sell your own insurance for your own facility units (legal hoops with this I am sure but a large number of facilities have this)Cons:- High price point to obtain a facility, you can't just buy a handful of units within a facility (that I know of)- Vacancy rate is relatively high at ~8-12%- Current supply trend for facilities is outpacing consumer demand in most markets- However, investor demand is very high which is driving up price/sqft of many facilities- Potential for turnover is higher with tenants, unless marketing towards businesses storing excess goods/supplies- Large facility with a lot of sqft to maintain and upkeepWould be great to get some feedback from you savvy investors!
Alicia Bell
Lawyers in North Georgia
9 January 2020 | 6 replies
@Alicia Bell,I recommend that you Google "Georgia landlord tenant handbook " print it out and read it.
Matt M.
Absolute NNN Lease - Where to find?
9 January 2020 | 8 replies
Working out for many is kind of and on again and off again cycle versus other types of consumers uses.When crafting a NNN lease if you ever want to sell you have to think of what the end buyer would want to see and not just what would be optimal for your business operations in the moment.Your mom might not have the time or energy to keep track of gyms.
John H. Hill Jr.
Private Money Lending Dream or Reality?
9 January 2020 | 6 replies
They do not recognize a difference between a consumer or business purpose loan.All loans must be originated by a broker and you should use the broker’s paperwork, not that of your borrower.
Carrie Alluri
My First Flip (2017)
8 January 2020 | 1 reply
While this is a low skill job, it is extremely time consuming.
Sameerah Baker
Rental Property and LLC question
8 January 2020 | 1 reply
I'll say that it will NOT be held in any individual name, for a variety of reason that would probably be too time consuming to address in this forum so that can be completely removed from the equation - the issue is single member vs. multiple member.