Henry Hsieh
The pros and cons of the different ways of managing your multifamily properties?
On the top of my head there are different ways of managing your multifamily properties, (7-12 units) I am curious as to your experience of how to best manage it in a B to C class neighborhood. 1. Managing it yoursel...
Lalaine Hagler
How to reject an applicant politely
I have 2 very qualified applicants but unfortunately I only have to pick one. How do I politely reject the other one. And is there any law I have to follow regarding doing so? I live in California. Thanks in advance
Melanie Baldridge
Understanding your depreciable basis:
Imagine you bought a property for $2M.
The land (excluding any structures) is valued at $400K.
Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your ...
Cory Thompson
Before Buying Fix and Flip: Estimating General Rule of Thumb?
Before buying a property that you know will need to be remodeled, if you can't have your contractor quote the property before buying, is there a general rule of thumb to follow for estimating approximate expectations ...
Caleb Brown
Cold Calling Tips For Me
I am about to cold car for multi-family deals. What are some advice or verbiage that would work? The owners are people who have owned it 10+ years. Any help is appreciated!
Caroline Notman
Fix or quit vs Put up with them for 5 more months
My tenants are on a 2 year fixed lease which ends in mid Feb 2025. They have been a pain in my 'side' and are so rude and entitled its beyond words. They are currently in breach of their lease.
1. 2 unpermitted do...
Richard Hickman
Do you guys typically follow up with your leads everyday?
How do you guys approach follow up with leads? Everyday or you give a day between so you don’t want to feel like you bothering them or turn off their motivation to sell to you
Pat Arneson
Deed of Trust and Note for Private Lender?
I have an opportunity to raise capital with a private individual at a flat interest-only rate as a way to reduce interest charges and eliminate origination and service fees. I'm looking for ways I can "protect" this p...
Christopher Bawiec
What is the most effective and efficient way to find a deal?
What is the most effective and efficient way to find a deal?I have tried a number of ways including getting a list on Fivrr, cold calling, driving for dollars, Redfin searching etc. but no deals thus far. I am wonderi...
Nicholas M.
Increasing rents for my tenants
Im trying to increase the rents of the tenants living in my multi-family. The rents are $300 under market. I just bought my first multi-family and am new to real estate. I was wondering...how do I go about increasing ...