Yaya Y.
How do you make money from a syndication?
Hi everyone,I am interested to know the reasons (pros/cons) for syndicating RE deals. I was running the numbers on a typical deal, and the GP usually makes anywhere between 5-10k depending on the Purchase price of 600...
Rik Hunter
Mid-term rental start-up costs
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...
Ryan Moore
How to handle: while closing on MF, tenant moves out, deposit??
Closing on my first property, a 4-unit multifamily in Phoenix. At inspection it was noted that one of the units wasn't in the best shape. The lease shows that $350 was collected for the deposit. During the appraisa...
Rich Miller
STR CoC Performance Expectations
I realize there are lots of variables at play, but what are some ballpark CoC returns one could expect with this strategy? I've heard mentions of 25% CoC returns but have not seen it in the handful of analysis that I'...
Account Closed
Average Professional Cleaning Fees?
Recently received a hefty cleaning fee, being taken out of our deposit. We were renting a 3 bedroom, 1 level house. Half of it was hardwood, the other half carpet. We were charged $109 for the carpet cleaning (per our...
Jason V.
4 vs. 5 Unit Property - Financing Question
This might be a novel question, maybe not: I'm looking at a property that should be a 5 unit, but one unit does not currently have a C of O due to the lack of a working bathroom. It has been in this condition for the ...
Cory Land
How to create your own MLS database for FREE (without access to the MLS)
This is geared for anyone who is tech savy and maybe even a software engineer. This whole thing took me about 40 hours to write. I am not expecting anyone to actually do this but I am interested to see the feedback I ...
James Likis
Tradeoffs: amending taxes with cost segregation & bonus depreciation
When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
Paul Winka
Why is cap rate normally reserved for commercial REI?
Why is the cap rate normally reserved for commercial real estate investing? Do I look like I don't know what I am talking about if I market a SFR or duplex and mention its cap rate?
Francis V.
Should I rent to a registered sdx offender?
My property manager has informed me that one of the potential tenant is a registered sex offender. The property is a SFR. Need some advice.