
14 January 2020 | 1 reply
My company manages multifamily communities (100-300 units) nationwide and we would like to start performing detailed, onsite property inspections that include an interview with the onsite property managers.

19 July 2018 | 17 replies
Also remind her that you do not allow any modifications to the property including paint without your written permission.Hopefully she will agree to cancel the lease.

16 July 2018 | 6 replies
At that point, you could start using the BRRRR method until you reached your goal of properties.
11 July 2018 | 8 replies
There was another method you can use Being that you are dealing with criminals you may wanna see about your local police station serving the paperwork ( oddly enough many do this for a nominal fee) because this will really upset these guys if they see somebody that’s in law-enforcement coming out to the house and serving the papers. it will make them very nervous and they may want to leave altogether or comply

13 July 2018 | 7 replies
That said, just sign the PSA in your name and include language allowing the PSA to be assigned to an affiliated entity controlled by you.

24 July 2018 | 10 replies
After I get my 10th and final loan, I will definitely use this method.

16 July 2018 | 27 replies
its not my logic someone who closes on a property before reselling is known as an investor.. and or rehabber or investor flipper.assigning contracts is bringing two parties together for compensation ( definition of activity that necessitates a license in most jurisdictions including CA .)

30 August 2018 | 41 replies
I actually lol every single time I read this under experienceRegardless, the IRR is dependent on many factors including: purchase price, exit price (this factor is the biggest contributor to IRR), rent growth strength, ability to re-position, debt terms - LTV, rate, term, IO years, amortization yearsArticles you might find useful:The Inside Track to Vetting A Multifamily Deal SponsorDeal Screening Checklist for Passive Multifamily InvestorsFocus on developing relationships with the right syndicators (full disclosure: I am one) with the right background/experience working with the right teams.

18 July 2018 | 34 replies
Doors (interior): est 15 doors, 2700Windows (18): 7200 (real bid not estimate)Drywall: 13000Painting (interior): 8100Electrical: bids from 11k-21k includes all fixtures, outlets, etc…Plumbing: 11k-18k (including new water service 1” pipe, and all fixtures)HVAC: 22k (new systems, new ductwork) This also seems high to me, thoughts?

11 July 2018 | 3 replies
While the interest rate and terms of the loan (including amortization schedule) are critical, these are other small things to consider.