I think both areas have seen recent growth (NKY more than Cincinnati in my eyes) and commonly has investors here (not too many though).

Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”

We also send an automated message to them around noon time the day after check-in just to see if they have any questions or need anything, most guests really appreciate us checking in with them, this also avoids the common scenario of guests that have an issue at the property but just choose not to tell you about it, then leave a bad review without giving you a chance to make things right.

Or just used $15k as a downpayment and then had to make a couple months of payments to make the property ready, pay for inspections and repairs, commissions, utilities, advertising, and then it sat empty for a month and you had to make another payment?

I also wanted to add a few security cameras outside and in the common area.

The most common we are working with and the ideal situation is something between $125k and $140k at 60LTV. 

It's not a big hit to me if both projects go to zero, but I'd still like to know what's going on given that the group has missed two reporting periods.I know that this kind of thing has been somewhat common among syndicators in the past year or two due to financial challenges but I don't think rising interest rates should have hurt these projects much.

. § 452.03 states that no person may engage in or follow the business or occupation of, or advertise as a real estate broker or salesperson without a license.

The commonality is these are policy considerations politicians in Philadelphia used for election purposes not what was best for the City of Philadelphia.

Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages to fill the gap between institutional financing and down payment; that it is in lieu of down payment so the borrower can acquire a property with “no money down”, and that it is money borrowed to use for an earnest money deposit.