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26 January 2025 | 2 replies
Unfortunately, most PMC contracts are pretty vague making it a challenge to get useful information.3) A mix of the two aboveSome PMCs have internal handyman type ServiceTechs for small jobs that they bill hourly for, but get bids for any job requiring a licensed contractor.An owner should understand what type(s) of the above that their PMC uses and discuss as necessary to better understand.THE CHALLENGES OF GETTING 3 BIDSWe wanted to touch on this topic because it seems to be a pain point between PMCs and owners.In theory, it's easy to get multiple bids - you just search online for companies and contact them to get a bid.
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17 January 2025 | 2 replies
Fully stabilized 33 unit apartment complex that is comprised of a mix of 1 and 2 bedrooms.
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15 February 2025 | 21 replies
Realize that if it is truly an investment property there are limitations on how often you can use it not to trip into mixed use tax implications.
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22 January 2025 | 10 replies
It seems clear that it is in lieu of a 1031 since UPREITs are under sec 721 so the two don't mix.
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23 January 2025 | 16 replies
fit into the mix?
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15 January 2025 | 6 replies
I have an opportunity to purchase a mixed use property that seller is open to using partial seller finance.
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17 January 2025 | 2 replies
A&M Courtyard Apartments are a fully stabilized 33 unit apartment complex that is comprised of a mix of 1 and 2 bedrooms.
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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15 January 2025 | 10 replies
He knows his stuff and is really good at making IG videos: his brand is a very clever mix of being super humble, telling everyone profits are less than you think and then flashing some fat $$ he made by selling to his investors.