Josh Carpenter
Extra Guest Fee: Good idea, bad idea?
25 September 2024 | 8 replies
Typically 75% of max occupancy is our standard occupancy and then $10-30 per person per day extra (depending on unit price point) up to max occupancy.
Kon Zel
Memphis MultiFamily Investors - Need some advice
25 September 2024 | 7 replies
I've been here since 2007 (but only started investing in SFH recently) and have definitely noticed that when I see a duplex, tri, quad, 8+ they all seem to be in rougher neighborhoods...that being said, I myself definitely want to find some and may end up relying on off-market deals to find what I want.Let me know if you learn anything new about multifamily here in Memphis, I'd love to understand it more as well!
Emily Runyan
Residential - to - commercial remodel / Value add $500K
26 September 2024 | 0 replies
We estimate that the property is nownworth $950,000 to $1,050,000 (based on comps) - we gained approx $500,000 in equity by converting this into a commercial property!
AJ Wong
Local Credit Unions are a great source of favorable financing for Apartments and CRE
25 September 2024 | 4 replies
Several of our out of state investor clients are securing very healthy terms on CRE including apartment complexes and industrial warehouse spaces with as little as 25% down and rates currently ranging from 5.5-%-6.75% on 25 year amortizations.
Hai Le
Starting out Section 8
25 September 2024 | 2 replies
FMR for Section 8 is $1396 in my area for the BR count, I’ve already contacted the housing authority and have my units listed on the section 8 board.
Mak K.
Section8 tenant- kicking out strategy
14 September 2024 | 4 replies
She thinks it’s ok to stay for free and she deserves free housing, non paying her dues or any thing just because she does not have a job (on purpose) and does not have money ( has all money for fancy furniture and gadgets)But anyways she has not paid her move in deposit ( paid partial) and has not carried renters insurance.
Omar Arroyo
Taking the Leap in 2025! New to Real Estate and Looking to Connect with Fellow Invest
26 September 2024 | 1 reply
My name is Omar, and I’m a new investor eager to learn, grow, and connect with like-minded individuals who are on the journey to financial freedom through real estate.
Barry Ratliff
HOA Organization income after Tornado damage
25 September 2024 | 1 reply
@Barry Ratliff, your question touches on two important aspects of tornado damage and HOA management.
Ronald S Fritter Jr
New Real Estate Investor
25 September 2024 | 8 replies
I have already rented my first property and am excited to continue on to the next.
David Garcia
Local bank for cash out refi
25 September 2024 | 6 replies
Hey David,I’ve had over 20 years of experience working with local banks in the Tampa area for cash-out refis on investment properties.