Looking for a loan and am curious if all lenders have resorted to creating a laundry list of fees. Some of what I am seeing are:- Legal Fees- Underwriting Fees- Corelogix and other data feesWhat's next - Fees for if y...
We're converting a long-term rental to a mid-term rental. It's our first go at this, and I'm being conservative with my numbers, like expecting as much as 3 months vacancy and including that in the cashflow calculatio...
Looking for some input on how others would approach this situation. Currently own two properties under different LLC. LLC "A" has a commercial property, no loan/debt, with a 15 year NNN left on it valued at 5-6 Millio...
Has anyone tried using Stessa? It seems like they offer quite a bit for free but since they were just acquired I'm wondering if costs will increase. I plugged in my basic info and it generated a nice dashboard. I woul...
I am currently considering renting my rental property to a section 8 tenant but the problem is that the market rent is about $300 higher the HUD Fair Market Rent. The property is located in suburban cook county. Since...
Has anyone implemented additional streams of income in short term rental properties that add to your existing source of primary income from them? E.g vending machine (luxury food/drink items etc). Any brainstorming id...
Hi again, Trying to pick up some of my research in the STR market in the Smoky Mountain area. I am putting together a spreadsheet with some costs to help understand a the end game a little more - i.e. cash at the end...
Triplex is being offered at 115,000 but it has foundation issues, and the previous transaction got cancelled after the inspection reports. However, after analyzing data it provides excellent cash flow of about 14.5% C...
I've recently purchased a 17 unit senior mobile home park. My operating expenses are mainly water sewer garbage. I'd like to extend the cost of the water to the lot renters by submetering each unit and sending them a ...
I'm focused on small multi-family. I want to run a direct mail campaign targeting owners of 4 to 15 unit apartments. But, being a n00b, I'd love help on:1) What resources are available to find all the 4-15 unit apartm...