Kwanza Price
Advice for Finding Contractors (San Francisco)
11 January 2025 | 2 replies
You can also find various contracts online, develop your own then have an attorney review it to ensure it has teeth, and is legal in your area.7.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
As easy as this sounds, it's not simple and usually like pulling teeth.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
Investors don't have teeth, the loans that are GSE/FHA/USDA.. are supported by Federal funds intended to help owner occupants.
Nicholas Dillon
Vetting a Syndicate
30 December 2024 | 7 replies
As easy as this sounds, it's not simple and usually like pulling teeth.
Sebastian Nadal
Screening for a roommate for the first time
7 January 2025 | 6 replies
These platforms are affordable and offer comprehensive reports (credit, background, eviction history) without you having to handle sensitive information directly.Verify Employment and Landlord History: Your plan to request pay stubs and a landlord reference is solid.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
The clear solution is to simply follow the eviction proceedings as you normally would.Here is one legal sensitivity you need to be aware of.
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
From the start we could tell she hadn't read any of the questions we carefully answered nor reviewed any of the sensitive documents we uploaded during onboarding.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
If you are trying to buy a $ 1 million home, and they bought it 20 years ago for $250,000, it’s likely they have a whole lot more wiggle room – and less price sensitivity – than someone who paid $1.2 million for it last year.
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
If you have an example of one of these that has any information sensitive blacked out it would be greatly appreciated.
Tove Fox
Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.