Karen Smith
The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.
Diego Trujillo
Dallas New Construction project
14 January 2025 | 2 replies
Through this journey, I’ve built strong relationships and developed valuable expertise in:Researching micromarkets and identifying comparables, potencial Accurately estimating construction or remodeling costs.Securing fast and reliable financing through partnerships with two top hard money lenders in Texas, offering competitive rates.I’m on this platform to connect with capital partners who are seeking an annual ROI of 12%-15%.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
@Robert Zajac pretty sure BRB charges less than an 8% management fee, so just as @Nathan Gesner states, they are making up for being below the "industry standards" by charging more elsewhere.BE CAREFUL about PMCs that claim they don't charge a markup on maintenance - TIME IS ALWAYS MONEY!
Lilia Matlov
Facing the Unpredictability of the Real Estate Industry - How to Cope with the Loss o
28 December 2024 | 0 replies
For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes.
Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
21 January 2025 | 19 replies
Lots of competition for tenants at this moment, which has been dropping rents down, rent concessions etc.Good luck on your journey!
Sean Dunbar
Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
Also, there’s much to delve into on of those scenarios, like what type of cashflow or investment do you want, etc. residential, multi-res, small multi-res, commercial, industrial, etc.There seems to be fewer deals around these days and this typically benefits the more experienced and skilled investors but there are always multiple investors that get “tripped-up” in these markets due to them relying on recent “fortunate” market circumstances only to realize the markets cycle and they weren’t prepared or didn’t underwrite properly to account for unforeseen potential.There are more considerations, but this is a start.
Scott Weston
Highlands Cashiers Market
8 January 2025 | 10 replies
Both are drawing more and more tourism, as well as relocations, and are holding more and more special events and competitions.
Mark A. McElhannon
Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
I've seen banks be very competitive with blanket loans that cover multiple properties and/or multi-family properties, e.g. 5+ units.Mortgage Brokers (obviously I'm biased) - Brokers have the ability to work with all of the above and can get you to the best lender for your scenario right away instead of having you waste your time with the wrong type of lender.
Allan Yeung
Zoning Conversion (Zoning Code G to Commercial )
6 January 2025 | 3 replies
We took an Ag zoning to Commercial then allowed a Special Use to Self Storage which is Industrial.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
I am looking to get into doing fix & flips. I currently have 3 rental properties and now want to move on into fix and flip. I have 3 associates / relatives that would be doing my renovations, as I would be finding...