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16 January 2025 | 4 replies
When you have a proven track record of performance, then you can play with other people's money.
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16 January 2025 | 1 reply
From sourcing turnkey rental properties to finding long-term residents, and comprehensive property management, our expert team offers a full-service solution for a truly stress-free investing experience.
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25 February 2025 | 4 replies
I have never had a home where I've waiting this long to turn utilities on, wondering if this is the norm?
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27 February 2025 | 0 replies
My wife has a house with a small mortgage left on it and long story short...one of her kids is the other "owner" of the property.
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7 February 2025 | 9 replies
I've never heard of Kin, but I too am in the market for short term rental insurance.
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19 February 2025 | 14 replies
Fellow Long Islander here.
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18 February 2025 | 5 replies
We are accepting term sheets for a bride from Construction to Perm.
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28 February 2025 | 1 reply
The trick is staying locked in long enough to see the results.
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1 February 2025 | 0 replies
Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.
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26 February 2025 | 9 replies
20% down is doable for a lot of lenders, 15% down is available in some cases but will come with horrific terms.