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17 July 2024 | 5 replies
I'm trying to keep costs low while providing value and so I'm doing some shopping around.
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18 July 2024 | 4 replies
So many different little neighborhoods of residential that surround bars and restaurants and shops.
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16 July 2024 | 41 replies
Get a camper, paint it brown or black, cut out a window, put a college kid inside and sell coffee.
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15 July 2024 | 3 replies
If you are in town, let's get a coffee and collaborate.
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17 July 2024 | 5 replies
A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.
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17 July 2024 | 5 replies
A broker can shop this out with multiple lenders depending on your situation.
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16 July 2024 | 5 replies
You could also talk to a mortgage broker as they will shop around a bit.
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15 July 2024 | 5 replies
Highly recommend letting them throw their hat in the ring as you shop your rates.
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15 July 2024 | 3 replies
All standard commercial mortgages include DSCR, calling an assisted living facility mortgage a "DSCR loan" is like calling a home loan a "DTI mortgage," or calling a cup of coffee a "caffeine coffee," or calling a gun a "bullet gun."
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17 July 2024 | 20 replies
It can start with coffee and lunch but you can really pick their brains on all those aforementioned issues just for free.