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11 November 2024 | 16 replies
Will we approach other investors to do the deal with us or do it on our own?
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6 November 2024 | 26 replies
I suggest you talk to their CEO, he's very approachable.
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5 November 2024 | 5 replies
He approached me about taking a low-interest loan from him instead of a bank.
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7 November 2024 | 51 replies
Summit Capital approaches sellers that have owned their properties for a long time, so they have a lot of equity or own the property outright.
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5 November 2024 | 6 replies
The two reasons are clients do a hybrid approach is either to maximize revenue or because they prefer MTR bookings and we just use STR to fill the gaps.
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7 November 2024 | 27 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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4 November 2024 | 3 replies
Funny how, as the years roll by, there’s been a major shift in my approach.
7 November 2024 | 8 replies
I’d be very grateful for any advice or recommendations on how best to approach these modifications.Also if I were to refinance in the future to pull out cash from the property, is this something that banks could refuse to lend on if I have code violations of lets say a wall that was moved or removed?
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7 November 2024 | 15 replies
This approach attracts renters due to lower interest rates.
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6 November 2024 | 12 replies
In Milwaukee, look into networking groups like the Milwaukee Real Estate Investors Association (MKE REIA) lot's of different approaches covered including wholesaling and flips, or if you decide on buy and hold the Rental Property Association (RPA) of WI is great.