Hi All and Happy New Year!I would like to know how those of you evaluate the location of your investment property? Ignoring all other factors, let's assume the subject property passes all the other due diligence.I am ...
Hi all,How do you normally handle tenant payments that are made to the previous owner after closing and before you can notify them of ownership change and new payment instructions? We asked the seller to notify the te...
I was informed by my property manager that the standard time to find a new tenant would be 45 to 60 days. This seemed very long to me, so I wanted to see what other peoples' experiences have been. How long does it t...
What’re some of the “rules” you guys use when evaluating potential smart apartment deals? For this example, 36 units. I know they’re simply “rules” and not laws, but what are some rules of thumb you guys use when eval...
This is in the Hayward-San Leandro area.This home is listed for $1.2m. It is a 4 bd, 2.5 bath. Comps in the area have been in that range including few that have gone as high as $1.5m in the last 2-8 months (obviousl...
First, if I acquire a 4/2 and want to rent midterm to 2 different people, I am charging each person rental of a room and the use of the premises. I guess I just need to hear someone say "yes". So I will sign a rental ...
Hey everyone, I’m new to the Real Estate Development scene and before I go for this development deal, I want to know what I’m going to see when the deal is in progress.I would give some examples however I’m am surpris...
Hi All!
I am setting up 2 mid-term fully furnished rental 30 day+ units in Santa Cruz, CA. I have heard on some podcasts different things landlords have added into a mid-term lease that would differ from a long term ...
Share examples of pitches that led to successful funding and analyze what made them effective.Discuss mistakes or pitfalls that can turn potential lenders away and how to avoid them.
Wondering what the process looks like for getting a conventional loan for an out-of-state deal. For example, if one is looking to buy in PA but lives in NJ, is the typical process to inquire with banks local to the pr...