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28 December 2024 | 1 reply
Purchase price: $110,000 Cash invested: $2,000,000 399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space totaling 7,000 sq.ft.
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7 February 2025 | 49 replies
If you got your credit decent you can start soft shopping for conventional/fha home loans if you didnt do so well improving your credit this is where you start looking for private lenders, partners and investors.
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2 January 2025 | 4 replies
I work a full time job at a wood shop building custom cabinetry.
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9 January 2025 | 14 replies
Coffee shops, fast food, subscriptions, even consider what groceries you buy.
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2 January 2025 | 5 replies
A friend of mine invested in one last year—apartments upstairs, a small coffee shop downstairs - and the combination of income streams made it a steady performer.Scaling with a 1031 Exchange:While not applicable unless you sell a property, planning for a 1031 exchange could help you scale quickly while avoiding capital gains taxes.
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6 January 2025 | 9 replies
I have shopped for a new manager.
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29 December 2024 | 7 replies
You could also look into regional banks or credit unions with experience in real estate development for middle-ground options.If I were you, I’d spend some time shopping around for the best rate/terms.
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27 December 2024 | 8 replies
But I would keep for a work shop if your doing value add to the house.
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5 February 2025 | 38 replies
Agreed mate,I'm all about taking personal responsibility and I have been swindled many times in a similar fashion like many feel on this thread.It seems like these investors including myself in other instances get negligent and don't read between the lines.Especially after trust and a relationship have been established, we become gullible and don't second guess or question.Maybe it's greed for some but in my instance it wasn't.Just innocent and trusting stupidity (No, I'm never a victim as that is ******** mentality in my book).I had some spare $$$ and wanted to diversify in other assets through folks I considered friends and trustworthy business partners.Didn't even think twice to look things over.Looking back, it all makes sense now but it's easy being a general after the battle heheI only blame myself here...I mentioned in the thread further above that I lost to the tune of hundreds of thousands of dollars.Again, it is what it is and it's a lesson.Only myself to blame and have always taken the high road in such instances.As much as I'd like to fight for justice and go down the legal path, it just isn't worth the time and emotion.Upwards and onwards.Become better and make more than you have lost.Each to their own and that's just my personal "modus operandi"
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24 January 2025 | 42 replies
If your working with this company and this company only and think that they are going to get you to the finish line to get the title in your name, well I’d say you’d have a better chance at winning the lotto.What some don’t know is they are not a one stop shop, the more you get dragged along the more money PreReo makes, again they are basically a wholesaler, the longer it takes you to obtain it the longer you pay them.