All Forum Posts by: Bryan Hartlen

Look at the gosection8.com website to see what properties are being listed at... although this is asking rents so no guarantee it's 100% accurate.  A more accurate estimate would come from calling property management companies that handle Sec8 properties. They can also share any nuances on the housing authorities process to determine specific properties rents. You could also try calling the HAs that serve the area but they're typically too busy to answer or discuss. Finally, in most HAs the final rent can be influenced by the renter's family make-up.  Eg a family of 5 with 3 kids will pay more than a family of 2. 

Hi all.  We have a contractual issue that looks like we may have to resolve through the courts. It has to do with rights to sell (or not sell) an asset, so I think some real estate experience would be helpful but may not be 100% necessary.Wondering if anyone can recommend a lawyer or firm in Birmingham.

I would assume they have to be paid in full and adjust your purchase price offer accordingly.  If you can afford the holding time to negotiate them down and are successful it’ll be a bonus.  If not, you can always pay them in full and move on with your plan.

We’ve used ProClerks several times. 

Check out Proper Insurance. They have policies targeted for the STR market.

Try Hill Valley Properties / Melissa Kruykendal

Principal & interest are not part of the expenses. Debt financing is applied after NOI is calculated.

@Alethia Hines rental arbitrage is by definition leasing (leasing from a property owner and then sub-leasing at a higher rent). Now a days, RA usually would mean signing a traditional long-term lease with rights to rent the unit out as a short term rental.

In terms of ROI, this will depend on many factors, but in general RA will almost always have the higher ROI as the upfront investment will be lower (you're not buying the property) but you won't benefit from any long-term appreciation that you would gain had you purchased. But there are always exceptions to the rule: eg if you purchased the property using 100% other people's money then your ROI would be infinite.

Hi everyone.  I'm part of a large investing community that's based in Phoenix but includes members from all over the country.  There are also several other in-person communities across the country.  The Phoenix group I belong to meets weekly in-person, and/or virtually through zoom, to mastermind.  There are 5 or 6 masterminds (F&F, Notes, Mutlifamily, etc) running at any onetime. The community is built around applying the techniques and practices taught through an online streaming education platform.  Full disclosure there is a cost for the education.  If you are interested in more info, ping me and I can explain. 

We're in the process of moving at least one of our SFR units to a new PM. @Melissa Nash and @Brian Tunnell I'd be interested in your recommendations also.  Thanks.