Havan Surat
Hard Money Lenders with 100% Financing
25 June 2024 | 18 replies
and any contact info.I'm not allowed to self-promote here.
Kev Li
Filing for the STR Loophole
24 June 2024 | 5 replies
My situation is that my STR averages less than 7 days, I have material non-passive participation, so that I qualify for the "loophole".
Zane Ritter
The Next Move - Attempting to Start
23 June 2024 | 25 replies
Unfortunately, I have quickly realized the mortgage is much too steep a payment to promote a net positive cashflow even with all rooms rented.
Jack Saunders
Online Real estate agent classes
23 June 2024 | 3 replies
They structure the class very well and offer lots of tools that help in learning the class material.
Marc Shin
Anyone have experience with doing a rehab on a long distance property?
25 June 2024 | 20 replies
@Marc Shin "when the cat's away, the mice will play"Appropriate saying in regards to remote rehabs.As soon as most contractors figure out they aren't being properly managed because you aren't able to go to the jobsite regularly:1) They will take a long time to get things done2) Quality will suffer3) Highly likely to over-charge4) Highly likely to "create" more work for themselves5) Greater chance of billing you for work not done and materials they use on other jobsCan be done if you know what you're doing & have resources to check on them.Many are posting to ask an agent for contractors, but a PMC is usually a better choice.
Joseph Davini
Florida's trends and hypothesis'
24 June 2024 | 8 replies
I think it will swing back, but I doubt we're getting back to 2018 levels given the rise in asset prices, rise in construction costs, material costs, labor costs, etc.
Andrew Jennings Freerks
Forming a real estate investment fund
23 June 2024 | 7 replies
Thankfully I have friends and family that have done well, so I think I can pull out a sizeable fund $500K+) without going the syndication route, but I appreciate the comment.Syndicators usually get what in slang is called “promote”.
Matthew Spiers
Contractor Completely Overcharged Me - No Way to Pay
25 June 2024 | 16 replies
That is including cost of labor and materials.
Giles D.
Syndication deals gone sour and the GP is now radio silent! What can I do?
28 June 2024 | 100 replies
Super higher leverage that the purchase can't be approved by agency loan.In all practicallity , the era of 2016-2020 by aggregate should only produce 7-8% IRR if one correctly and conservatively.They targeted the naives investor in biggerpocket that lacks basic real estate valuation.The real problem is really the era of 2015-2020 where folks are treating CRE just like OTCBB pink stock and promoting it as a safe haven.
Nam Pham
Managing General Contractors Remotely
22 June 2024 | 10 replies
This individual will need to be on site at least 3 to 4 days a week to make sure the crew is working daily on your project, that the work is being completed properly and that materials are not being stolen by the contractor, his/her crew, or by night bandits.