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6 August 2024 | 28 replies
Pay close attention to the capital stack, how much debt there is, how much preferred equity there is, how much the GP is co-investing, how much they project rents to rise organically every year, what exit cap rate they're assuming, how much cash reserves the property/investment will have, how much does the deal returns change when you add 50-200 bps to the cap rate, what is your breakeven occupancy and exit cap rate, and a bunch more.
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4 August 2024 | 8 replies
I do know an independent landlord in our area that has one duplex and a fair housing organization filed a suit against him two years ago and he has had to defend it.
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8 August 2024 | 22 replies
This was verified by MBDs personnel (Brian Dozier) ON THE RECORD if you actually read the court documents.4) Dozier also verified on the record that he was the only one in control of operating MBD and responsible for the money.5) When I received money from my investments from them during the good days, it always came direct from MBD and at the time I even signed a doc acknowledging this.Lastly, the OP mentions several larger investors forcing MBD into an involuntary bankruptcy to recover our assets was a good thing yet they don't mention that:1) Sief IS the one who led the efforts against MBD, organized investors and looked out for all our interests.
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6 August 2024 | 49 replies
I am especially interested in knowing how much capital it takes to get entitlements organized, etc.
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31 July 2024 | 5 replies
The search feature isn't the most functional.
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4 August 2024 | 15 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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7 August 2024 | 32 replies
If you're going to get into REI just start with the hard work and grow it organically, you know like a side job.
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2 August 2024 | 19 replies
@Cody L.I agree with the sentiment personally but I have made some serious funds(to me anyway) with clients where this functionality was needed because of some stodgy entity involved (bank, govt office etc) whose policy would only allow them to receive or send information in person, by snail mail, or by fax.
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5 August 2024 | 27 replies
We stand out by provided clean and organized homes to guests and cleaners by labeling where things go in cabinets and supply closets.Our contract is a month-by-month basis, but we want a 30-day notification of cancellation, and we would do the same if we let a client go.
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3 August 2024 | 9 replies
The property listing function is really strong, a one stop shop.