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15 August 2024 | 1 reply
We used private money and seller finance for acquisition, raised rents, renovated one building, and sold each building separately as 4 unit buildings.
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13 August 2024 | 24 replies
Since inflation was so severe for the last few years, they had essentially decided to raise interest rates aggressively in order to fight this high inflation even if it came at the cost of slowing the economy down.
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15 August 2024 | 10 replies
The last post is correct, we are required to have our license classification and clearly displayed on our trucks, business cards and any other advertising.
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15 August 2024 | 9 replies
If you want specific advice, things that would be important would be some background on the sponsor (years in business, portfolio size, you don't have to name names), where the property is (city), what it was bought for and when, how much was the loan and when does the loan mature, how much equity was raised, was there any preferred equity or multiple share classes, what is the occupancy, is the sponsor responsive to your communications and providing reports, and so on.
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14 August 2024 | 6 replies
It's seamless, makes tracking revenue and expenses very easily, provides me with bank account options for all of my properties as well as virtual credit cards AND a hefty interest rate on savings.
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14 August 2024 | 134 replies
They raised the big bucks, and things aren't going well.
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16 August 2024 | 277 replies
We just turned a unit and raised it about $200 to match the market.
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14 August 2024 | 0 replies
We used private money and seller finance for acquisition, raised rents, renovated one building, and sold each building separately as 4 unit buildings.
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15 August 2024 | 29 replies
When you return an item, if it's on a credit card, you can just enter a credit card transaction for a refund and apply it to a COGS account.