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23 March 2024 | 21 replies
Quick update on my progress so far @Bradley Rosenberg - I have created a webform to collect all the Fund details & sent it out to some of the members of our mastermind group who run Note Funds for their input (Aspen, etc) I hope to have some feedback and begin building out the page next month - stay tuned!
25 March 2024 | 214 replies
Bet the house.
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25 March 2024 | 118 replies
It's a solid bet, but there are literally hundreds of others that could work just as well if you take the time to investigate.
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23 March 2024 | 8 replies
Hi @Brandon Jenseni think your best bet while you "get back on your feet" is to have someone else in your partnership be the guarantor for the loan. when it comes to fix and flip lending, your LLC will take title to the property.
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24 March 2024 | 19 replies
A couple million in general liability, which I bet you're carrying anyway on top of the LLC is all that is required.The TIC solution is elegant and once the exchange is completed you can always merge the entities into one since the ownership is the same.
23 March 2024 | 11 replies
Growth moving that way.One of the real estate billionaires here said once...want to make millions in real estate, buy in the path of progress.
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23 March 2024 | 9 replies
Running exit numbers for 70-75 is the safest bet.
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23 March 2024 | 12 replies
Hi everyone,So here is the deal.Started a PM company 10+ years ago as a subsidiary of our turnkey company (IMO it's a tough gig selling turnkey if you don't also manage in-house)Hated the PM business for a good 5 years or so.Then one day I woke up and smelt the roses and realized that PM is not so bad after all.That of-course came at a time when things actually started to work and we actually started to "work" the systems just as they should be worked lolWe have reached a point now where it's a pretty well oiled machine other than the minor $#@% that we fix on a daily basis.The business motto is systemize, optimize and monetize which is a work in progress but chugging along.I'm confident that with the operation as it is today we are at a point where we can start to significantly scale.Organic leads are flowing in nicely and we grow at between 10-15 units per month or so.My questions are:1) How do we potentially find other "mom and pop" shops what want out of the business and we purchase to take over?
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22 March 2024 | 15 replies
You're best bet is to call a local multifamily broker.
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22 March 2024 | 1 reply
I’ll post link to IG so if anyone is interested they can follow the progress.