Hi everyone!I just purchased a four unit property in the Mt. Airy neighborhood of Philadelphia. The house is currently laid out as a quad (with all separate utilities) and the previous owner had obtained a variance ap...
Hello,I am currently conducting due diligence on a triplex I might purchase. One of the callouts was this "14-81(2) Interior Structure. The building system is improperly installed or missing in particular rooms or t...
Part 2.
Detailed Due Diligence
Conduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities. This is one of the most critical steps ...
If a potential tenant approaches you about Airbnb rental arbitrage, you may wonder if there’s a catch. Are you responsible for damages? What if you encounter a noisy guest? As a landlord, there are all kinds of pros a...
Hey everyone,I’m currently in the process of potentially acquiring a property in Los Angeles, but it needs foundation repairs. Does anyone have any recommendations for structural engineers in the area for an inspectio...
Context: I'm looking to move from small multifamily (duplexes, etc) to medium-size low-rise apartment buildings: 10-50 units, 2-3 story buildings.
From my previous experience, I feel fairly confident about what t...
I have a piece of property that I would like to build out into townhomes (@60) and keep them to rent. I own the land outright and am a contractor. I have the idea of starting a REIT to fund and hold the project with n...
Hello, my partner and I are about to register an LLC structured REI group. We are not clear about how to explain to our potential members how the qualification process works in relation to the qualifying process.
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I have a friend interested in partnering with me on a deal. I've invested in 2 properties 1 SFR & 1 Triplex. I currently manage them both and am experienced with the whole process along with finding deals and anal...
Hello everyone,I'm considering properties in Chicago that are pretty old, one was built in the 1890s. I'm concerned that buying something this old would be asking for trouble over the long-term (30 years), as the are...