
11 September 2024 | 3 replies
Challenges: It requires you to ensure a profitable exit strategy, as you’ll need to have funds ready at the completion to pay the lender in full.4.

10 September 2024 | 0 replies
This deal highlights our ability to execute fast transactions and maximize returns with minimal hold time, thanks to efficient teamwork and market insight.

11 September 2024 | 20 replies
On average the best efficiency one could realistically strive for is 200 doors per PM, so we are talking a couple dozen or so PM's on staff.

10 September 2024 | 0 replies
With DSCR loans, the focus is on the property’s cash flow, ensuring that your investment will cover its own expenses and provide a profit.

11 September 2024 | 10 replies
Doing so ensures they've had notice sooner rather than later, and also so they know I'm running a business and not simply enjoying a hobby in real estate.On the other hand, if the tenant doesn't pay the rent when due, the law in Michigan only requires a 3 day notice.

10 September 2024 | 1 reply
You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.

11 September 2024 | 22 replies
A minimum of 20% equity is my benchmark, ensuring I dont find myself upsupside down on my investment.Positive Cash Flow by the Conclusion of Year One:I aim for a positive cash flow figure at the end of the first year.

10 September 2024 | 2 replies
To overcome these challenges, many borrowers focus on building strong communication with lenders, providing clear and detailed exit strategies, and ensuring thorough due diligence on the property.

12 September 2024 | 9 replies
Having a 3rd party servicing company handle these payments can be a way to help ensure payments are made directly to the mortgage company and provide proof to both you and the seller of the property.

9 September 2024 | 7 replies
Energy-efficient features, soundproofing, shared amenities, and local zoning compliance are crucial.