
7 December 2024 | 150 replies
ever make that kind of claim with any substantial amount of money and for any substantial amount of time.To think, I was actually starting to give you the benefit of the doubt...

6 December 2024 | 27 replies
. $23K isn’t a huge amount of capital in today’s high-interest-rate market, but it’s definitely a starting point.

5 December 2024 | 5 replies
Please don't pay any kind of money, especially that amount for some kind of Instagram influencer.

8 December 2024 | 10 replies
Did the POA confirm the interest rate, loan amount?

5 December 2024 | 1 reply
Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations

6 December 2024 | 8 replies
The amount loaned was $2.5M.

6 December 2024 | 45 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

9 December 2024 | 98 replies
Personally i invested small amounts into bitcoin and xrp, i agree with Dan Wickland, invest what you willing to lose.

12 December 2024 | 19 replies
We found out that Chicago received the highest amount of rainfall in 100 years.

4 December 2024 | 17 replies
Even if the house is appraised for that amount, that doesn't mean you can sell for it.