
15 May 2024 | 6 replies
I was just at a capital raising event in New York City pitching miami and columbus. by far there is more interest in miami for development, land entitlement, etc. you also aren't local so I'd discount what you say by like 80%. even if you are looking at "condo" investments, that's about the poorest way to invest in real estate so I'd say just you looking at that says something about your experience level.

15 May 2024 | 15 replies
Connect with real estate agents and attend events for sharing and mentoring opportunities.

15 May 2024 | 11 replies
If it's not driving for dollars then going to networking events and selling what you bring to a deal.

15 May 2024 | 20 replies
You can network on here BP, local chamber of commerce, builder associations, join local meetup events to find like minded individuals to help find that partner.

13 May 2024 | 9 replies
If it is a one off event I personally wouldn't do anything.

14 May 2024 | 7 replies
In such an event, the tenants will be responsible for paying a lease termination fee equal to 3 months’ rent ($7800), as liquidated damages for the Landlord's inconvenience and costs associated with finding a replacement tenant.

14 May 2024 | 10 replies
Make sure you get a "Release Fee" on each property; this is an amount that is to be paid to release a property as collateral in the event you need to sell, or if you have an insurance loss that insurance proceeds will be applied to the subject property and not to the whole loan keeping you stuck with an encumbered damaged property, remember they don't make construction loans as a second and the blanket loan won't subordinate (usually) to another lender, it could get messy, so have a release fee stated and understand how payments will be applied.A line of credit is not a blanket mortgage but a line of credit can use other collateral, different animal and it may or may not fit you needs.

15 May 2024 | 11 replies
I wrote the contractor a letter reminding him of the sequence of events and his shortcomings.

14 May 2024 | 25 replies
Many hosts think CSAT (customer satisfaction) is a one-time event to drive 5 star reviews.

13 May 2024 | 16 replies
There is a buyout in the event you expect to turn it quickly.Example: 100k purchase, 50k rehab budget. 10+ experience; 680+ credit score.90k purchase funded; 50k rehab funded.Let's assume 4 draws.Draw 1 - $10,000 (Paid at closing - that means 90k credit at close PLUS 10k credit at close from rehab budget).Draw 2 - $17,500 (Paid when draw 1 is complete).Draw 3 - $17,500 (Paid when draw 2 is complete).Draw 4 - $5,000 (last draw is reimbursed when last draw is complete).Connect with me via email and I can give you some references.