1 November 2021 | 9 replies
As long as each unit is renting for 1k that should keep you around the 1% role.
9 November 2021 | 11 replies
Personally I don't have a good experience with the so called leading HW companies in the US as well for my primary residence.
1 November 2021 | 2 replies
The following are a few that comes to mind:(1) Holding cost/s to fix these properties far outweigh the profit the company was going to make after rehab.(2) The turnaround time to fix these properties is untenable due to the shortage of labor costs.(3) The inflated acquisition price, coupled with an extensive long lead time of raw material have exasperated the new supply of new housing inventory.(4) Institutional investors are selling/bailing because of the sentiment of https://tinyurl.com/Shoeshineboyindicator.(5) And last but not least, the AI algorithm has taken into account the above parameters and predicted a bearish outlook for the subject housing market segment.With all of the above in play, what?
10 November 2021 | 8 replies
Through this, you can also learn the ins and outs of multifamily investing, and ask the lead sponsor questions throughout the deal.
3 November 2021 | 12 replies
Should I be sending out a bunch of texts, voicemails and postcards to potential leads yet, or should I do more driving for dollars in my area first?
2 November 2021 | 17 replies
Landlords mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.This also leads them to ASSUME simpler is better when it comes to management contracts.
18 November 2021 | 16 replies
There is tons of free information but I don't want to lead you in the wrong direction.Cheers.
10 November 2021 | 6 replies
On google, I’ve seen private lenders, hard money, and business loans, but none of those searches ever lead to anything more then unwanted text about refinancing.Thank you,
8 November 2021 | 6 replies
You should ensure each partner will have some sort of "role" in the deal if you want to maintain a JV structure.As far as partnership structure, there's no one right way to get it done.