Quote from @Jesse Valdez: Quote from @Mark Brown: So many things here. 

One thing that I’m seeing it that large multi unit buildings beyond the 800k mark are all on a boiler and paying to heat the entire building ruins the numbers.

One marks up larger jobs, but won't say how much.

Similarly to what Mark Cruse stated above, provide dignified housing, respect your tenants, and either have a good PM or make sure you are updated on the regulations and best practices for placing tenants.  

AND THEY CAN SCREAM EASY AT THE TOP OF THEIR LUNGS IF THEY WANT.BUT GO AND CONVINCE YOUR NEAREST RELATIVE TO SELL THEIR LARGEST ASSET WITH YOU AT ONLY A 5% MARK UP AND YOU HAVE NO IDEA HOW REAL ESTATE EXCHANGES WORK. 

This was completely off the mark. 

Nonetheless, a black mark for Neal, regardless of the fact that it’s a past company that he worked for.Grocapitus’ own portfolio of 13 projects has performed well for years, including post-COVID, which is a stronger indication of Neal’s direct leadership as the senior partner in the firm.

Quote from @Mark Waite: Taking my realtor hat off for this discussion and putting on my investor hat.

Mark Matos, you said you closed a loan with them but later said you canceled before closing because they tacked on tons of fees before closing.

Like any other wholesale market, I "buy" a loan from a lender at a discount and mark it up for my profit.