10 January 2025 | 5 replies
Hey @Chris GarnesI just came across your post, and it immediately reminded me of a project I handled with a colleague in San Diego, Dennis Bragg - https://www.biggerpockets.com/business/page/3607 - You’re sitting on some serious potential with these two properties, and your plan to step back from construction while finishing them makes total sense.For Home 1, with no mortgage and a prime design upgrade underway, you’ve got flexibility that most investors would envy.
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15 January 2025 | 24 replies
However, one of the other REITs I invested in quadrupled in price, and as a whole I’m $150,000 positive.
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11 January 2025 | 19 replies
Our pro forma for the self storage property we built was rock solid until we opened the business and a year later I was facing losing everything because of all sorts of factors beyond my control.
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7 January 2025 | 5 replies
There is statutory, and as you pointed out, now Fannie/Freddie guidelines, that exempt many transfers from being subject to the Due On Sale Clause...asset protection/estate planning purposes are covered.
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7 January 2025 | 6 replies
These platforms are affordable and offer comprehensive reports (credit, background, eviction history) without you having to handle sensitive information directly.Verify Employment and Landlord History: Your plan to request pay stubs and a landlord reference is solid.
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4 January 2025 | 7 replies
Now, over a year and a half later, he sent a certified letter last week demanding the security deposit or legal action within 30 days.Please advise.
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6 January 2025 | 0 replies
This deal highlights the power of well-executed renovations and a strong partnership in achieving impressive profits.
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8 January 2025 | 10 replies
The regulation was ruled illegal and a permanent injunction was issued.
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6 January 2025 | 57 replies
RE is a lot more active and involved, even if you hire a PM and a GC which BTW eats up your returns.
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2 January 2025 | 6 replies
We have two rentals rent by room and a househack duplex.