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5 February 2025 | 0 replies
Once completed, the property was resold to new homeowners, providing a solid return on investment.
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21 February 2025 | 5 replies
I would suggest you provide the utilities and internet.
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21 February 2025 | 3 replies
I supplied that and then they said they wouldn't extend the worry fee waiver because I hadn't provided a new lease.
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13 February 2025 | 4 replies
Quote from @Dereck Olson: Hi Nicholas, Just a thought from the possible tenant's perspective, but filling out a prequalification form and/or providing personal information before they have even seen a place and know if they will be interested in living in the property might be a bit too much to ask.
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10 February 2025 | 9 replies
The Role of Private Lenders in Joint Ventures- Private lenders provide the necessary capital to fund JV deals, often filling gaps that traditional financing can’t. - The advantages of working with private lenders: - Faster access to funds compared to banks. - Flexible terms tailored to the specific deal. - Ability to leverage their network and experience in real estate. - Private lenders are not just sources of capital but can also be strategic partners who bring value to the table. 3.
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20 February 2025 | 4 replies
@Frank Alfano agency debt is very competitive (75-80 ltv, non-recourse, fixed-rate etc); you can syndicate and raise the equity portion needed from friends and family, provided you can market and lead the project.
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19 February 2025 | 17 replies
Go to your bank and they can provide you with instructions.
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18 February 2025 | 1 reply
(FWIW,$8K on just the compressor seem excessive.)Otherwise, unless your contract with your GC says they will provide 24/7 surveillance, or you can prove the AC was never installed, you own the problem.If the property has been vacant for more than 30 days, most policies won't cover vandalism unless you have added a Builders Risk Addendum.
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13 February 2025 | 1 reply
Hi Benjamin,Start by reaching out to relocation companies, insurance housing providers, and major employers in the area who may need temporary housing for executives or displaced employees.
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19 February 2025 | 2 replies
Establishing the LLC in IL first does not provide any additional benefits in this scenario.