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Results (10,000+)
Renee Williams Pace Morby’s Gator Lending - yay or nay?
19 August 2024 | 42 replies
The level of education, not to mention the high ethical standards enforced within the group, speaks for itself.We have a community of over 10,000 members committed to ethical business practices, and there is accountability for those who do not follow safety standards or ethics.
Account Closed Anyone from the Albany, Ga area?
17 August 2024 | 17 replies
I'm a wholesaler/investor in GA and the areas I come across deals are in Albany, Macon (college area, Amazon Facility), and Warner Robins (college area, Air Force Base).
Jonathan Joyce Payoff HELOAN used to buy rentals?
19 August 2024 | 7 replies
Unless you have a small credit union where you have all of your liquid reserves/cash and they give you the standard I/O teaser rate on an adjustable rate.
Katrina Dividina Purchasing Newly Renovated 20-door motel to turn into Sober Living thru owner finance
14 August 2024 | 6 replies
And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.
Jeff Langley Wood Fire Hot tub?
20 August 2024 | 28 replies
Every nightly rental review that has one, is only positive and they usually have 100s of reviews(at least the only ones I can find).I wanted to stand out in my market, while checking the box of "hot tub" since it's a standard amenity now. 
Isaiah Ewing First investment property
18 August 2024 | 1 reply
It's best to operate like a business with standardized requirements applied to everyone equally, every time.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.
Jed Leviner Interest in rental for group home
16 August 2024 | 4 replies
Renting to a group home or adult care facility can be a viable option, but it comes with specific considerations.
Chris Seveney If it’s too good to be true
19 August 2024 | 9 replies
Although for this guy 15k on Norweigean cruise lines is basically a standard cabin.. so he was being frugal there.. 1.4 to net jets not so much.
Christopher Hall Newbie Question on Self Storage ($250,000 to invest)
14 August 2024 | 11 replies
I understand that there are potential self storage facilities that can return 20% cash on cash if improvements can be made.
Matthew Banks Advice how to make handling security deposits easy
17 August 2024 | 10 replies
We just started using Baselane, and perhaps we could lean on that more to be able to track the expenses, categorize them per property/per tenant/mark as 'tenant expense'/mark as 'tenant reimbursed' or 'tenant unreimbursed', and then create a security deposit balance report, that would pull everything together.I'm just looking for advice from someone that has already figured out a simple and standard way to handle this.