
13 May 2024 | 3 replies
Are there platforms out there specifically getting investors matched on a per-deal basis?

13 May 2024 | 9 replies
The rules are not everlasting and have no factual basis besides it worked before.

14 May 2024 | 12 replies
Rgds It was always interesting when out of state folks visit Toledo and would say our B class is there "Z class" lolI guess being born with a silver spoon causes such a judgement.But it is what it is.Toledo's "B class" has IMO been lower priced with higher cashflow than in pretty much any other market in the Midwest.Won't steal Andrew's thunder here but some decent zip codes to consider on a "street by street" basis are 43609, 43610 and 43620.Wouldn't have touched them back in the day but have been finding some decent pockets lately.43612 and 43613 is "creme de la creme" for full market value.It's a hard gig getting anything under market value nowadays.Much success 🙏👍

14 May 2024 | 201 replies
I suspect or advise for this project he needs to hirer a very experienced GC on a fee basis..

13 May 2024 | 16 replies
Not a lot of them.However, all this said, we no longer advance the rehab corresponding to specific work that needs to be done - we now do it on a PERCENTAGE BASIS, so once you have your budget you can complete any part of your budget as you see fit.

12 May 2024 | 18 replies
But I would trust the agents / brokers on here who work in this area every day and can attest to the market's strengths and weaknesses and the fact there's a lot of agents on here working in Ohio, to me, attests to it's strength as a strong investment area.

12 May 2024 | 6 replies
Final comment: meaning this well, but please don't call it underwriting, it makes me cringe every time a newbie uses the term to make it sound like they are buying institutional-grade investments on a weekly basis.
12 May 2024 | 12 replies
Debt to income ratio is great because it determines what a healthy overall monthly payment should be.If you make $4,000 per month ($48,000 per year) and you are buying a 4-family with potential rents of $1,000 from each unit, you have $3,000 in income and you will be occupying one unit.You then multiple $3,000 * 75% = $2,250.Add $2,250 to your income of $4,000 = $6,250.Multiply $6,250 * .55 (max DTI for FHA) = $3,437.50That is your total debt payments you can have on a monthly basis.

14 May 2024 | 125 replies
These syndications have been collapsing on a daily basis over the last couple of years.

14 May 2024 | 164 replies
My syndicated CRE investments have done 23% avg annual returns since mid-90s, many rolled over and over by 1031, giving effective tax yield near 37%/year if I were to ever sell, which I hope I never shall, just pass to kids with basis step up on first 13.6 Meg.