Angu Krishna
23% management fee
Hi Everyone,
I recently ventured into real estate investing and purchased my first property a few months ago. As my current property management contract is up for renewal and also my tenants leases is ending by end ...
Eddie Hong
Impact Fees - Direct Infrastructure Improvements?
My company is developing in a Master Planned community with a fortune 500 builder that owns about 90% of the project. Some roadside, water, landscape, and light improvements still need to be made for the project to be...
Dan Trinh
20% of apartments is paying for the rest of the Apts HOA fees
Hi All,I am in a pickle and I hope someone can help me navigate this difficult situation. 10 years ago I bought an apartment in Las Vegas. All was good and HOA fees were reasonable. In the last couple of years HOA fee...
Steve Cheslock
Self Storage - Late Fees
For anyone operating Self Storage facilities... what % of NOI do you see coming from the collection of late fees? Trying to figure out a good ballpark number to use for a pro forma.
Chris Morris
40K-45K for architect for 2 story ADU in Los Angeles?!
An architect told me that their architectural services for building a 1000 sq ft 2 story ADU in Los Angeles would be $40K-45K. Does that seem reasonable?My lot is flat and 'unremarkable', btw. I am not looking for fan...
Brandon Carlson
Pre-design ADU plans
Hi BP,For over a year now I have been thinking of building an ADU. With that said, what's your experience been like when obtaining architect plans/designs? I live in Los Angeles County, specifically the San Gabriel Va...
Chris Seveney
Note Investing No Win Situations
Wanted to share a recent no win situation. Have a borrower in BK and we filed post petition fees for proof of claim and a plan objection (since they originally did not include property in BK). Now the defense counsel ...
Scott R.
Cost to build a duplex or 4plex in Bradenton, FL
Hi everyone!Does anyone have an estimate for how much it would cost to build a duplex or 4plex in Bradenton? We have an opportunity to pick up a lot and are wondering if it's cheaper to just buy a duplex/4plex that i...
Emmanuel Ola
Urgent Advice Needed: Choosing the Best DSCR Loan Option Before Closing
Hello,
I am in the process of purchasing a property for $160k and plan to put 30% down with a DSCR loan over 30 years. My goal is to pay off the loan within 5 to 10 years.
I’ve spoken with a broker and received the ...
Ian Green
SDIRA Custodian Recommendations
Hi everyone,I am looking for some recommendations for SDIRA custodians. I have heard a lot of good things about QuestIRA, especially for buying notes in. However after looking at their fee schedule, they seem very exp...