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Walked a property today that needs a lot of work, and one of my expected items was to replace the circuit breaker. Trying to arrange an electrician to inspect, but curious thoughts on this being in/out of code? It l...
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We are a little newer to commercial real estate. We have three commercial RE properties but this is the first time we have had a salon request to lease. Are salons a good tenant? What should I know?
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Hi all, what is the typical maintenance reserve you set aside when analyzing a deal or maintained in the bank account? I believe I read somewhere 30% of the gross monthly rent but it seems fairly high. I would like ...
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Hey everyone, I am a rookie investor who has recently started to build my team in the area that I'm looking to invest. I wanted to come on here and ask all the experienced investors the best and most important questio...
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Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...
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I don't want to get stuck in the need to start X before I really get things moving. Curious to whom became a landlord without an LLC. I have a plan working with a friend who owns an insurance company to guide me on a ...
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For those using a LLC to acquire fix-and-flips, wholesale, or deals you don't anticipate holding long term:Are you utilizing your home address or a virtual business address?Are you representing yourself as a Registere...
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My friend is currently staying with me because her unit is unihabital, yet she's still paying mid full rent. We went to view the property around 10 Feb and the place was utterly trashed as the previous tenant had just...
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I want to get into a deal with a partner but want to make sure it's fair on both sides. How have you seen successful partnerships done before? Where I'm at now: I will bring/find the deal, work with contractors, marke...
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Is buying a new owner occupied 2-4 unit multifamily property every year using 3-5% down payments a good strategy to scale?