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10 December 2024 | 1 reply
If it is interest bearing than most states require that a portion of the interest goes to the tenant.
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19 December 2024 | 8 replies
The insights gained from these projects have validated our initial assumptions about cost savings and construction efficiency.Future Vision:We're now developing a complete senior community model that combines:Affordable container homesCommunity-focused designSustainable practicesScalable business modelInvestment Perspective:From my fund management experience, I see three key advantages:Lower capital requirements than traditional developmentFaster time to marketMultiple revenue streams (sales, community fees, services)I'm sharing this to start a discussion and get feedback from the BP community.Questions for discussion:What challenges do you see in this model?
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15 December 2024 | 9 replies
Are my sales skills top notch, no.
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16 December 2024 | 13 replies
A strong sellers market (like 2021-22) led to huge equity gains as sales were going above value leading to month over month gains of 3-5%+.
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15 December 2024 | 4 replies
During the renovation phase, adhere strictly to the scope of work and budget, conducting regular walkthroughs to monitor progress and ensure quality.As the project nears completion, prepare for sale by staging the property to highlight its best features and create buyer appeal.
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24 December 2024 | 25 replies
Strong jobs reports had a larger effect on the 10 year treasury, followed by strong retail sales numbers, followed by EU inflation numbers, then followed by election results but honestly election results only affected rates for a couple of days.Lots of pressure on treasuries from the level of debt the US is carrying, but remember the Fed is also still doing quantitative tightening (while cutting rates) which is additional upward pressure on rates.
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15 December 2024 | 6 replies
Here are title cost numbers from my last deal in Lake Oswego ($625k sales price):Title agent fee: $1100Owner's title policy: $1425Recording fee: $350MERS: $25There may be transfer taxes depending on what county the property is in, as well.Chris
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17 December 2024 | 22 replies
After Maverick said no to our request to help us with ~$6k, I also approached Jay Walsh after the buy-back to help us by returning portion of the money that was owed to us.
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18 December 2024 | 16 replies
@Derrick Lewis It's a sales gimmick.