Thomas McPherson
Feds Cut Rates Again - Predictions for New Office
21 November 2024 | 7 replies
From there likely a short spike due to the market being more reserved as the policy starts to take hold and lenders opting to raise rates a bit to be on the safe side while the policy settles itself in the new economic environment.
Padam Neopane
Eviction from rental property
18 November 2024 | 12 replies
Here in College Station, TX I'd say its no big deal just cross your T's dot your I's, and head on down to the local justice of the peace.
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
Unless you know your way around, Mexico is still a long way from having an investor friendly environment.
Michael McLoughlin
PPR Note Fund
5 December 2024 | 87 replies
I can see that in a fund environment but not on whole notes..
Max Matthias
Investing decisions for the future
17 November 2024 | 1 reply
I don't think your first property needs to be perfect, but doing the work in advance gives you the possibility of refi (in a good rate environment) or more equity on a HELOC.
Pete Harper
1031 into upREIT
18 November 2024 | 8 replies
But the 199A is scheduled to sunset in 2025 under the TCJA unless made permanent.It wouldn't be uncommon for some investors to only realize taxable income on 40-50% of their dividend distributions in today's current environment (I have seen this personally).You asked about fees, so one quick comment.
Andrew McManamon
Investing in Bitcoins
9 December 2024 | 98 replies
The volatile price does not give me peace of mind.
Nichole Kinard
What to do with 50 acres of rural land
21 November 2024 | 12 replies
It's more "here's what we've got, it's peaceful and pretty, come pay nightly to enjoy it up to 29 nights".
Mike Tikh
How to choose a location from the US?
2 December 2024 | 35 replies
And this should be a "living and working in ___ environment fit's good with my life" kind of things.