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1 November 2024 | 19 replies
I'm honestly torn on this one and unless we can get a major financial concession, we are prepared to walk.
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1 November 2024 | 19 replies
It offers a secure and transparent process for both buyers and sellers.NoteTrader Exchange: An online marketplace where you can list your note for potential buyers.LoanMLS: A marketplace for buying and selling mortgage loans and notes.FCI Exchange: Another platform where you can list and sell your notes to investors.Note Investing Forums and CommunitiesBiggerPockets: A popular real estate investing community where you can network with potential note buyers.LinkedIn Groups: Join groups focused on note investing and real estate to connect with potential buyers.National Note Group: An online community where you can connect with other note investors.Note Brokers and BuyersNote Brokers: Engage with reputable note brokers who have access to a network of note buyers.Local Real Estate Investor Groups: Attend meetings and network with local investors who might be interested in purchasing your note.Financial InstitutionsCredit Unions and Community Banks: These institutions may be interested in purchasing performing notes.Private Equity Firms: Some firms specialize in acquiring performing mortgage notes.I hope this give some direction regarding your situation.
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30 October 2024 | 1 reply
Do I need to find one that specializes in what I am looking for...like self storage or warehouses or old building conversions?
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31 October 2024 | 29 replies
But as a FSBO, I would to make sure you are pricing your house accurately with comps, hire a professional photographer, pay to list your house on the local MLS to make sure the people you want see it, hire a real estate attorney, and prepare to deal with buyers.
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31 October 2024 | 3 replies
To protect your margins, it’s crucial to have a solid understanding of costs upfront, consider negotiating long-term prices with suppliers, and prepare for possible delays in renovation schedules.In both scenarios, it’s often safer to focus on markets with strong fundamentals (stable job market, population growth) and properties at or below the median home price in the area to appeal to a broad buyer base.
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1 November 2024 | 9 replies
I'm pretty experienced in long term as I have 17 rentals already but I'm preparing an offer on a bigger multi family complex "32 units" so was looking for proper guidance.
30 October 2024 | 2 replies
Two - In my due diligence, it looks like the only real option to make this unit legal is a special permit and variance, therefore, causing me to update the whole building with sprinklers, fire alarm, and meeting stretch code (certainly not enough meat on the bone for this route).
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30 October 2024 | 12 replies
the majority of our off market inventory is within 3 months of being completed and we provide special incentives like investor pricing, rate buy downs, and property management discounts.Feel free to contact me directly if you want to talk about strategy or markets in Florida Best of luck
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1 November 2024 | 14 replies
Consider looking for lenders who specialize in BRRRR strategies, as they might offer more favorable terms.
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28 October 2024 | 8 replies
First off, I’d suggest connecting with a CPA who specializes in real estate and understands the specifics of Cleveland and Ohio state taxes.