Deborah Wodell
Lender Red Flags: Which Lenders Have You Had Bad Experiences With?
17 October 2024 | 16 replies
How long have they been in the industry?
Mohit Khanna
Australian investor looking at entering US residential market
16 October 2024 | 25 replies
Networking with local investors, real estate agents, and property managers can provide insights and potential opportunities.Attend Meetups: Participate in local real estate meetups or workshops to connect with others in the industry and gain valuable firsthand knowledge.4.
William Downey
Managing / Organizing Finances for Flipping Business
9 October 2024 | 2 replies
This allows me to transfer money into the checking easily in preparation for a wire.Credit Cards--so you are now an industry professional.
Sanjeev Advani
Costco's New Mixed-Use Development Tackles California’s Housing Crisis
11 October 2024 | 0 replies
This first-of-its-kind project addresses California’s housing shortage by repurposing an underutilized site into a vibrant residential and retail space.Of the 800 units, 180 will be affordable housing, with amenities including a rooftop pool and fitness center.
Account Closed
PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
As an LP myself, who will likely get flushed on a deal with a syndicator, I believe that this industry needs a bright light shined on as many operators and capital raisers as possible.
Hares Najand
Concerns with Property Management in Chicago Area
15 October 2024 | 8 replies
At a minimum, they could have listed a 15 to 30 day vacancy gap for turnover and repairs.Chicago is FOR SURE A CHALLENGING CITY TO BE A PROPERTY MANAGER, but likely even more than other industries, you get what you pay for with a property manager.
Tony Schneider
How to approach off-market industrial property
6 October 2024 | 1 reply
Hi all –Disclaimers:I don’t have any experience with industrial real estate - or CRE generally speaking for that matter.I will be keep this post intentionally vague for the sake of privacy.
Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
The vibe here is all about growth, learning, and banding together to make moves in the industry.
Daniel Afonso
The Global Data Protection Enforcement Awakening
8 October 2024 | 0 replies
While this trend is reshaping industries across the board, one sector is particularly impacted in ways many may not realize: real estate.
Laurieann Frazier-Duarte
New and excited to start Buy and Hold
14 October 2024 | 8 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.