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30 January 2025 | 6 replies
That being said, your typical cost of capital is as follows:EquityAgency debtBalance Sheet local lenderDebt FundPrivate DebtPref EquityHard Money DebtBookie/Loan SharkOther things that will impact capital sources: are you wanting to finance the improvements, or will you pay for those from equity/cash flow?
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6 February 2025 | 2 replies
Not really sure, What do they specifically afford please?
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3 February 2025 | 8 replies
I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.
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3 February 2025 | 9 replies
For example, do you have any specific skills around social media?
6 January 2025 | 1 reply
Understanding how to source potential deals can be a game-changer.
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17 January 2025 | 6 replies
The pro development and affordable housing advocates use the term NIMBY, but I suspect it is the rare person that buys in a single family zoned area that would be thrilled to have 17 units (qp16 additional units added) in the lot next to them.My initial protege was the land source on this effort.
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22 January 2025 | 3 replies
Local FB groups is also a great source.
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26 January 2025 | 12 replies
The other is a smaller operation which does a lot of business in the specific neighborhood the house is in.
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7 February 2025 | 28 replies
I'm specifically interested to know more about their infrastructure land development and if anybody has an experience of working with them. https://broadstreetprivateequity.com/
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2 February 2025 | 22 replies
After having managed in both New Britain and Hartford, I would pick a nice area of New Britain over a Nice area of Hartford - unless you are speaking specifically of the West End of Hartford.