Ronald Starusnak
How To Evict Old Ladies?
Hey guys, I have a sad situation that I am going to be involved in soon. I am closing on an 11 unit building and two or three of the tenants have been living at their apartments for 15+ years and only paying $300/mont...
Account Closed
Split water for tenants to pay. Bump the rents too?
Hi all,
So I bought a 4 plex last year in Lansing MI and didn't want to raise the rents due to covid and just starting out (since the 4 unit was my first multi). The rents were fairly under market value 600-700 while...
Don Konipol
What is Needed to Attract Passive Investors
After raising over $400 million from private investors over the last 19 years, I am often asked what are the most important assets a syndicator need possess to successfully raise private capital. Here are my picks, i...
Joe Lee
Building a Multifamily Team
Hey everyone,I'm transitioning from single family into multifamily and looking for a seasoned pro/team that can provide a little guidance.As of now, I'm not the best at raising capital but I know a group of people tha...
Account Closed
Looking for companies who need money raised
Hi I manage a company that raises money through the private sector via a PPM. We are currently looking for people to network with that come across companies in need of a fund raising vehicle. If you or anyone you know...
Jessica Kirkpatrick
Internet setup in a multi-family?
Hello all,
I have a 10-unit that is approx. 6,300 sq ft. In the current situation, it would be more profitable to provide internet. Rents are below market rate and they need to increase, but I can tell tenants are pr...
Nik Gernhard
Getting Started on a single STR
We are in the process of closing on a house that we are going to make a short-term vacation rental. This is our first rental property of any kind. Since this is only a single STR, we were weighing the option to self...
John Chapman
Reduced rent for good and long term tenants
How much of a discount do you recommend for longer term renters that are good tenants? Should you keep the rents up to market or nearly so or give your longer term tenants a substantial discount (10% or more). What ...
Barry Long
Tax implications on renovation of rental property
Are there any restrictions to continuing to take depreciation and interest deductions during a long term renovation of a rental property?
Suzanne O'Brien
Creative Financing Suggestions in NJ
I live in the Jersey Shore area of NJ and I am interested in a house that was damaged by Sandy and is in a high flood zone. This house would be worth more if it was knocked down and rebuilt (as is the flood insurance...