Alex Collins
How to privately purchase a property from a buyer with a mortgage balance
29 December 2024 | 8 replies
A lot of times if there is a title issue it can be resolved but it takes time so if you have a 45 day escrow and you know at day 5 U have an issue you have time to work it out..
Dustin Calgaro
Cash-out or partner on my 4 unit property in Costa Rica
11 January 2025 | 19 replies
The beach has taken about a year and the jungle house will take about 4-5 years because we are paying off some seller financing with the revenue from the short term rentals.I would say that I can definitely make more money investing in real estate in the United States than in Costa Rica.
Robert Liu
New build with delta build services in Cape Coral
5 February 2025 | 69 replies
(Currently our rebar supplier is behind 2+ weeks and these materials were ordered 45 days in advance).
Shiloh Lundahl
New Partnership Model
4 February 2025 | 87 replies
I’ve come across more than a few like you in my 45 years as a real estate investor.
Anthony Jackson
Norada Capital Management Promissory note investment
5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
Christopher Morris
House Hacking in NJ
29 December 2024 | 23 replies
@Christopher Mooney - I house-hack a 2 Unit Building in Bayridge Brooklyn which is a 45 minute subway ride to Manhattan Wall Street Financial District (a 7 mile drive).
Jonathan Weinberger
I bought 1.5M worth of property in Detroit... Here are the numbers.
3 February 2025 | 56 replies
Seeing as they are $45-80k properties, we know they are not in good locations which means you should pad your budget more and expect expenses to be higher than normal.
Ryan Goff
Grocapitus - Anyone have experience with them?
31 January 2025 | 170 replies
The typical project sells out in 30-45 days, though one of them took longer.All of our projects have a detailed Purchase and Sale Agreement (PSA) that buyers sign with details on terms and construction timelines.
Tom Hall
is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
I would say 4-5% more.
Shiloh Lundahl
Those of you on the sidelines
30 January 2025 | 45 replies
Expect a 4-5 year down/flat market before a slow climb up.