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8 October 2024 | 14 replies
They'd be a partner and help provide solutions to operational challenges when scaling, we'd bring tech in like Breezeway for scheduling, give them a company card with spend limits to buy supplies, they even ended up landing a deal with a local laundromat to wash and fold there after-hours to make their lives and ours easier.Truly a win-win.
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6 October 2024 | 12 replies
@Jon KimCreate the structure of the partnership.
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7 October 2024 | 2 replies
Private money lenders can also be more flexible with terms, allowing you to structure deals in ways that better match your cash flow needs or renovation timelines.Re-evaluating your financing strategy periodically ensures that you’re optimizing not only for the best rates but also for terms that align with your investment goals.
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7 October 2024 | 3 replies
If you need advice on financing or structuring deals, feel free to reach out!
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8 October 2024 | 13 replies
Additionally, I’ve deepened my understanding of real estate terminology and gained valuable insights into the critical aspects of properties, from structural components to factors to look out for.
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6 October 2024 | 9 replies
It is generally a bad time to find a tenant (holidays coming up) but you might have some luck in that the supply of housing is probably very low in the city now.
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7 October 2024 | 8 replies
Still making mistakes and learning.Sometimes you have to tear the roof off the old structure and build new.
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4 October 2024 | 5 replies
Hi everyone - I am working with some investors & found that I am being faced with the problem / pressure of reducing my commission as they say they are going to buy / sell several properties with me & will not...
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9 October 2024 | 16 replies
Thus, if you factor in your 1/2 month lost rent and utilities, plus any costs (even purchasing more supplies) to touch up paint and clean, wouldn't that still be a turnover cost of around $1000 (give or take since I don't know what your rent, utilities, paint, and cleaning services might be)?
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7 October 2024 | 6 replies
This arrangement can benefit both parties if structured properly.Hard Money Loans: These are asset-based loans provided by private lenders.