You probably know this already, but I will say it anyway – have leases in their native language as well as any following notices and tenant communications.

I won't delve too deep into what this actually represents but hint: USD purchasing power is decreasing rapidly. 

Quote from @Ethan Blue: Quote from @Chris Seveney: Quote from @Sebastian Bennett: @Jonathan Karas Did you notice Rad's social media presence appears to have gone away? 

Then to my surprise, Vestright sent out a notice saying that they were not happy with the coaching and that they were bringing coaching in-house.

Quote from @Shakur Granger: I’ve been studying different BRRRR exits, and I’m noticing something I want to get some feedback on from people actually running the numbers in today’s market.Here in North Carolina especially the Triad and Charlotte suburbs I’m seeing most BRRRR investors target a 70–75% LTV on their refis just to keep DSCR solid.

Edit: I noticed either they had my comment removed or the whole thread from a BP discussion last year about this as well.

With people in and out of the property but using it daily - not like an airbnb when 50% of the time the tenant doesn't touch the kitchen, this puts more wear on those items which can decrease time in between replacement. 

The property itself.Goodies notice maintenance and functionality immediately.

My day job is underwriting deals, modeling capital structures, and thinking about after-tax IRR (sell vs refi, leverage, depreciation, etc.).Over the last few years, I’ve noticed a recurring issue among non-institutional investors:•CPAs are reactive and compliance-focused•Brokers push deals without real underwriting•Big financial decisions (refi, sale, 1031, cost seg, leverage) are often made without a portfolio-level, after-tax lensI’m exploring starting a small advisory business focused specifically on investors who own ~5–50 properties (or $3M–$50M total value).What I’m considering offering (not tax prep):•Portfolio-level underwriting & decision support•Sell vs refi vs hold modeling (after-tax)•Cost segregation & depreciation strategy coordination•1031 / partial sale / capital recycling analysis•Ongoing “CFO-type” advice for serious investorsThink: helping you answer “What should I do next with my portfolio to maximize after-tax returns?”

Hi everyone,Quick question on standard practice.I’ve noticed that many investor-owned LLCs sell properties using a Special Warranty Deed, even when they originally purchased the property with a General Warranty Deed.Is this generally considered normal / standard practice for investor sales?