
31 May 2024 | 10 replies
Lots of headwinds facing real estate, like the following: Inflation Consumer Debt Lack of consumer liquidity-- renters don’t have first and last month’s rent, let alone a down payment to buyOwners interest-rate lockedOversupply of class A multifamilyStagnation of rent growth on assets aggressively underwritten at acquisition Maturation of term debt combined with stagnant rent growth against a backdrop of rising debt rates =investors unable to meet basic debt coverage service ratios on refinance Market normalization forcing operators and investors to rely on market fundamentals (recently) forsaken, while prioritizing expediency of deploying capitalInstitutional and local investors are both frozen by volatility and cost of capital and debtAll that being said, we feel good about B and C class assets we focus on and the markets we are in. let's connect soon

31 May 2024 | 6 replies
Hi Grant, some things that might be helpful to learn more about the firm/team:- If/why they target a certain asset class- Have there been any problems with liquidity in past deals?

31 May 2024 | 6 replies
Ft ranch home with new appliances ( Refrigerator, dishwasher, stove(electric or gas), washer/dryer, microwave etc and contemplating whether it requires and electrical upgrade from 100 amps to 150/200 amps.Currently the HVAC system installed for central heating/cooling is 15 amps)and there is gas water heater.Do you anyone know if this needs to a mandatory upgrade or any recommendations around the same and what it can cost to upgrade electric panel to 150 amps/200 amps?

31 May 2024 | 187 replies
@Elisabeth Lernhardt I know and Reno is cool now.

30 May 2024 | 1 reply
We received some cool press early on and had over 60K users, but it never really went anywhere beyond that.

31 May 2024 | 149 replies
LOL this site is to help people you have drunk the cool aid I get it..

30 May 2024 | 12 replies
I'm looking into multifamily (duplex & self landlording) in my local area to get started, but my tri-state area (CT/NY/NJ) has a high entry price point that I'm concerned with over leveraging myself and losing liquidity on my first deal.

31 May 2024 | 7 replies
Show respect, and I guarantee it you will never be asked to show any proof of funds.. well unless you are fugly...then all bets are off.So my tip for you is... be cool mate.

30 May 2024 | 10 replies
The other 1% of the time people, who are liquid, can pay the loan off by doing the same thing: request a payoff statement with wire instructions and then send in the wire.

5 June 2024 | 274 replies
You're an REO listing broker so naturally you don't want to hear anything that may remotely suggest a biased offering of info to the buyer, & that's cool.