Nicole McKinley
Just closed on a double- current tenants already a problem
Hi Everyone,I am VERY new to all of this. We just purchased a double and my daughter will be renting the upstairs. We closed a couple days ago and the current tenants were month to month with the last owner. They a...
Dave Page
Confused about cap rates
I understand a good cap rate to be 5-8% but all this depends on cash or financed investment. For example.. I can buy a multifamily unit that has a cap of 8.5% If I pay cash. So what is acceptable for financed? If I ca...
Patrick O'Shea
Juicing mid-term returns
I have a 6-unit building I rent to mid-term renter only. I noticed I could add my units to google travel via futurestay.com. I also was presented with dynamic pricing. I have two big questions. One, is dynamic pricing...
Ryan A Shumaker
Cashflow and Appreciation... Can they Coexist in CA, AZ, NV???
I am based in San Diego and I am looking to invest in a market outside of my area. I would like to find a market that is (at least minimally) cash flow positive from the jump, but I am also very interested in apprecia...
Bryan Wilson
Vetting Hard Money Lenders?
Hello all,I'm still new to the forum and have been digesting a lot and am thankful for all you provide. Today I'm wondering how do you vet hard money lenders. Do you have a specific checklist you follow as you would...
AJ Wong
Can you close your STR investment property in an LLC? Hint: The short answer is yes.
The majority of our STR investors and vacation rental buyer clients ask or elect to close their acquisition in an LLC.
The primary determinant (beyond the tax implications) is whether the lender will underwrite and ...
James McGovern
Is the ability to negotiate realtor commissions a form of Fakenews?
I have not seen any statistics showing that sellers have been successful in negotiating down commissions other than in one-off scenarios. What are the best practices in negotiating a lower commission with a listing ag...
Account Closed
Subject to paperwork
I'm closing on a property in Douglas County, Colorado subject to today. This is my first sub2 purchase. I'm trying to confirm if a signed POA along with a signed Auth to Release Info sheet is satisfactory for accessin...
Jack S.
Syndication associated fees
I am interested in investing for the first time with a syndication deal that is offering equity multiple of 2-2.3x, CoC 5-6%, IRR 16%, 5 year term, but I’m a little hung up on all the fees associated with it: an acqu...
Rebecca Clements
Profit on a $200k home
Just curious as I'm using the fix and flip calculator, but what's the least amount of profit you'd want to make on a home where the ARV would be $200k? I'm just trying to get an idea of what's a good deal or not for f...