Ed Long
How Do You Decide If a Borrower Is a Good Fit?
23 January 2025 | 9 replies
LTV & CreditEliminate the emotion and treat this like the business it is.In my opinion it does not matter who the borrower is as long as they have a track record of ATR (Credit)And I feel comfortable with the leverage (LTV)
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
What property management software or tools would you recommend for tracking rent payments, leases, and maintenance requests?
Kyle Carter
Lets Connect Together
23 January 2025 | 7 replies
Collaborating with seasoned investors or assisting with deal analysis can also provide valuable hands-on experience.Good luck!
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
Our job is to provide you assistance.
Leslie L Meneus
Is Franchising/Business Ownership "Really" Not Considered REI?
30 January 2025 | 4 replies
Those that own it can be harder to sell as the cash flow from the business will cover the debt service for the business, but not for the real estate.Example: I had a very high-end assisted living facility on the market.
Damien Davis
Build to Rent
31 January 2025 | 4 replies
this is what we build and we do it with newbies but make sure you partner with a builder who has experience and a track record.
Devin James
Unnecessary Limits on Housing Development
31 January 2025 | 6 replies
Quote from @Devin James: In one of our development projects, the City staff asked us to remove 40 units from our concept plan.This wasn’t requested by the City Commission at a formal hearing, it was the opinion of the staff.Our original concept already proposed fewer units than the current zoning would have allowed.Here’s what erasing 40 units means:- 40 fewer homes for buyers- Over $1M in lost profit for our team- Fewer tax dollars and impact fees that could’ve benefited the City’s infrastructure & servicesWe gotta get betterEveryone wants more affordable housing, but not everyone wants to do what it takes to achieve it we never listen to the recommending bodies. we move for city approvals and work closely. the other thing we do is keep going back to the same groups over and over and over and over every month on the same agenda and make very small reductions like 2% or 4% and that reduces and beats them down eventually they accept what you want. it's just before beating a dead horse. we keep tabling until they give us something we all agree on then we go to vote. in our city in columbus we have to get recommendations but that's our strategy. we used to come out as aggressive as possible. we typically study developments in the area and keep it very similar in terms of density. we have a track record of very controversial projects and litigation and not taking no as an answer. after a year of that haha I can tell you it's not worth it. now we are more relationship based and buying the right kinds of plots of land. if the numbers don't work on the front end don't do the development.
Dawn Harris
Str with property management near Orlando
30 January 2025 | 7 replies
Keep track of the prices on Vrbo and Airbnb.
Landen Amann
advice for a reinvestment
21 January 2025 | 5 replies
Do you have any other track history?
JoLea Conn
Golden Capital Holdings llc?
18 January 2025 | 3 replies
Also, make sure this wholesaler has a track record.