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24 February 2025 | 9 replies
If someone lets say is looking for a lender for a hard to place deal are you going to refer to Lenders who are on your roster ?
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24 January 2025 | 8 replies
Building appraised out at $1.5M and I ended up leaving a small amout in the project (~$90k).
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12 January 2025 | 2 replies
It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
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21 February 2025 | 4 replies
We have a modest security deposit collected up front along with 1st month's rent and the cleaning fee.
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25 February 2025 | 16 replies
The way I calculated the projections here was that I set it up to only acquire new properties when we have $37.5k PLUS a $25k minimum cash reserves, meaning that we cannot buy a property until we have a cash balance of $62.5k.
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6 February 2025 | 28 replies
Ultimately, when I'm repping a buyer, I always recommend the buyer checks with the zoning when any zoning issues come up.
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15 January 2025 | 24 replies
I lean bearish because it's a consolidated market, not much of any room for any significant appreciating event.
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17 February 2025 | 4 replies
I have saved up some money but my goal is to save up at least 20k in a year before I start looking for options on house hacking in a duplex.
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20 February 2025 | 7 replies
Remember what Kenny Rogers told you - you got to know when to fold em, know when to walk away.
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25 February 2025 | 3 replies
We started construction - the building frame is up and now I get a stop work order from city.