
2 January 2025 | 10 replies
That process has direct lender involvement.Where the challenge lies, is when unsophisticated "investors" with no experience, no money and no reserves use creative financing (often called wrap, subto, lease option, seller financing, land contract) to purchase properties and along the way there is a "hiccup".

31 December 2024 | 6 replies
How are you approaching the process of lining up buyers for each property?

7 January 2025 | 24 replies
Some banks even offer features that allow account holders to manage individual tenant information within one account, making the process more convenient.

7 January 2025 | 22 replies
There is no way to really get an adequate perspective because there will always be a very wide variance of thought processes.

5 January 2025 | 17 replies
So developers are building multifamily on these parking areas.Since these areas aren't located on top of residential areas, the zoning approval process has a lot less friction and resistance from NIMBYs.Here's an example in Rochester where an old Sears was turned into apartments for seniors.https://www.passero.com/projects/skyview-park-senior-housing...For multifamily developers, this could be an opportunity for building and partner with the mall owners.

28 December 2024 | 8 replies
In the very beginning of the flip I would buy everyone food at lunch, I would cook on the grill for the crew and buy beers.

5 January 2025 | 17 replies
Step-by-Step Process for Evaluating a Flip:Find the Deal: Use platforms like MLS, foreclosure auctions, or network with wholesalers.Run the Numbers: The 70% Rule is a good starting point.

1 January 2025 | 3 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

27 December 2024 | 4 replies
After a long and complicated history with the current tenant, I’m now starting the eviction process.

26 December 2024 | 1 reply
Additionally, a lender deposit ranging from $20,000 to $100,000 is necessary, along with a rate lock-in fee that typically amounts to 2% of the loan amountIn the process of raising equity, it's crucial to be diligent while filling out necessary forms and securing required verifications.