When underwriting properties, I look for a 5-year ROI of >100% and an IRR of >12% (screenshot below of how those are defined). Please let me know if this is off-base. I am familiar with valuing companies, and I ...
Need advice. My father was able to build up a significant amount of rentals. But over the last 15 years it’s slowly fallen apart due to his health and some other unfortunate family events. The homes are in Seattle (2 ...
I have seen several old post on the pros/cons of having an LLC and umbrella policy. I was hoping get some recommendations on whether or not I should seriously consider starting an LLC (California resident) and/or umbr...
A buyer want to negotiate with the lender directly on one of my short sale listings. Has anyone seen a contract the would identify the negotiator (buyer) fiduciary responsibility to the seller?
Our very own Josh Dorkin was just featured in 5280 Magazine, a magazine with their thumb on the pulse of everything that makes Denver so awesome.Check out Josh's article: Denver's New Real Estate Mogul...
Good evening. I purchased a home last year. Long story short, there was a divorce and I moved out a short time later. I decided to lease the home out earlier this year (I have sole possession and it is only in my n...
I use a property management company I just had my first turnover on my rental property and have a couple of questions.Here is the receipt for the turnover and the cost:Make ready Replaced carpet & padding in livin...
For mid-term rentals that are houses with yards and pet friendly, what do you typically do for lawn maintenance? Hire out and request that tenants pick up dog poop before weekly mowing? Or leave a mower at the residen...
Does anyone have a real estate lawyer they would recommend in the Salt Lake City, Utah ( UT ) area? I am interested in creating an LLC. A lawyer in Provo, Weber or Ogden would work as well. Thanks, Bryce
It is clear that syndication is the way to go for large multifamily deals where you need to raise capital from a large number of investors (I've done it in previous deals).However, I'm interested in learning ways to s...