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20 October 2020 | 1 reply
That number should be at least $250/month, more if the place is larger, older, or beat up.You also need to put 10% in for property management.
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21 October 2020 | 5 replies
But they are getting older, and the coronavirus outbreak in the United States is said to be a catalyst prompting them to finally make the move to a larger home.
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4 November 2020 | 7 replies
I now have six facilities and three of them a larger and have full time on-site managers.
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25 October 2020 | 8 replies
It is assumed by the state that any rental larger than a 1 bedroom will fall into this category at some point because of the anti-discrimination laws that prevent landlords from refusing a family because they have a child.
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23 October 2020 | 4 replies
Liquidity is a significant issue but you can do with 1031s so thank you very much!
21 October 2020 | 2 replies
If it's a larger organization, feel free to inquire about their different staff qualifications.2.
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21 October 2020 | 3 replies
Larger multi's tend to each get their own account.
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28 October 2020 | 3 replies
I will be saving $2K+ a month and should have 30,000 liquid cash by the end of 2021.
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22 October 2020 | 8 replies
I wanted to get concrete as to what numbers I'm going to consider in my newest market, where small buy-and-hold MF are currently selling at around the 1% rule (a $200,000 duplex gets around $2000 in monthly rental income - these numbers have remained consistent over the past 18 months ever since I first studied this market).1% doesn't excite me much and I decided I'll buy starting at around 1.5% (they currently have some small duplexes approaching this number but they're small and aged) - I want a larger MF or at the very least a newer build duplex with more SQ.FT. so I'm getting good rent while minimizing expenses.
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21 October 2020 | 1 reply
By negotiating not only the price based on condition which had a laundry list of problems including a hand full of larger items but also that we had the right buyer willing to figure out the problems throughout the transaction and take it on.