looking for a large project for 2023, hopefully to be our first syndication (75+ units).Would like to start connecting with commercial brokers and lenders in NC, preferably around larger MSAs (Charlotte, Raleigh, Faye...
Accounting is very crucial in the success of a business. Keeping your books and records in order can be a huge task, but it’s vital in allowing you to make informed decisions, have accurate financial records and ensur...
I am trying to figure out how much equity I would need to raise to build a hotel. Here are some assumptions:- Let's say I were to a build a hotel and the total cost were $10 million- The value of the land on which the...
I have been diligently researching the art of underwriting small multifamily apartment buildings, and I am unclear how much capital is raised in the typical deal. Say, on a $300k building, should I be raising $100k fr...
I have a 48 unit property. I currently have two checking accounts. One is an operating account and the other is for deposits. I was curious how other operators manage cap ex reserves. Do you have these in a separa...
I have been thinking about setting up a new account specific for my duplex. A checking account for rental income/paying the mortgage, and then a savings account to cover any maintenance or repairs. Does anyone have an...
Hi,
We, my sister (not in Florida state) and I, are planning to buy a property, single family or 2-4 units with sub to or seller financing. I will be living in one room/unit and renting out the others.
I am plannin...
Experience
• How long has the team been in place?
• How long have the principals been in real estate investing?
• How many assets have they acquired
• Do they currently own, manage, etc.?
• Have they gone thr...
Good afternoon,I manage quite a few multi-family properties in Chicago and keeping track of utility bills across all properties can be a hassle. While tenants pay their own electric and gas, keeping track of multiple ...
Hey everyone. Im looking for advice on having separate accounts for vacancy, repairs, CapEx etc. Do you have a separate vacancy, repairs, CapEx etc account for every property or does all your vacancy, repairs, CapEx e...