James Dobbins
San Antonio landlords -- interview request
2 April 2020 | 4 replies
@Todd Nurnberger, @Will PritchettThere are a couple of regular local landlords for you.
Deion Moore
New Introduction: Intrested markets in MA, CT, RI, NH, and SC
8 April 2020 | 9 replies
I invest in areas (Torrington and Winsted CT mostly) where natural appreciation is not promised.
Hans M.
Do I Need to Use My Pet Fee For Damages Pet Does To Property?
2 April 2020 | 3 replies
in my Pet Addendum: "Tenant will perform regular housekeeping duties, including sweeping and vacuuming, clean up all waste, and assume all responsibility and cost for any damages, cleaning, replacements or any other expense to the property that are a result of the animal."
Larry Melton
Findrise is unable to repay my Investment
3 April 2020 | 27 replies
Now they send me this: Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.
Ken Olson
Could use some advice - LLC taxed as S-corp
3 April 2020 | 5 replies
I never recommend people play the S-Corp game until they're doing regular deals.
Lindsey Costello
Breaking into the Providence Market during Corona 2020
7 June 2020 | 20 replies
I've heard multiple reports of buyers backing out and private/hard money lenders refusing to fund deals - at least on the rehab side.I'm less in touch with the house hack / regular buyer side but anecdotally it seems like fewer people are out looking right now.So if it were me, I'd probably be a little more demanding in terms of either asking for a longer timeline, or a bigger discount for repairs.You might also consider paying someone to do an inspection without being present yourself.
Sachin Maskey
Multi family offer accepted and closing next week
2 April 2020 | 4 replies
Due to this recent outbreak my closing rescheduled and now schedule for next week I am not working on my regular W-2 job and hoping this will resolve soon and hopefully we can go back to normal routine I am trying to figure out if I need reschedule my closing 4-8 weeks and wait until this outbreak resolves or should I do closing next weekI have already made $10 k my earnest money and would appreciate if you can give me your expertise and recommendations Thank yuh Stay safe
Mike A.
Feedback on deal - Jersey City
16 February 2022 | 27 replies
Investors typically pay a premium on the regular rate. 4.5% and upwards is probably where you will be.Again -- you've accounted for no real expenses in your analysis.
Yi Chung Chen
need complete remodel quote estimate
23 March 2021 | 50 replies
We are also cognizant of warranty followup, and regularly deliver on that (MN has 1 year, 2 year, 10 year statutory warranties related to certain construction elements which most GCs try to avoid mentioning).There's certainly a balance, and DIY work is the best way to shave costs.
Michael P. Delaney
1031 Exchange Rules & Capital Gains
19 March 2021 | 9 replies
They're quite a bit more expensive (think several thousand dollars more expensive) than a regular 1031.