Didn't get the rents they were projecting?

I reached out to an insurance broker today and he had indicated that we would need a constructions insurance policy for the renovation phase of the project.

I have invested into one of their syndication projects as of recently.

From what I’ve heard, some lenders in Texas are especially favorable for these types of projects, so it’s worth checking out a few in the area.Now, finding those elusive off-market deals is an art in itself!

Looking forward to seeing what projects you’re working on!

I started last year and have completed three successful projects with 30% returns before tax within 3-6 months.

Once you've got that experience, you can slowly transition to solo projects. 

When there is "value add" in the project the returns are much higher but you wait about 5 years and hope the market doesn't change in the meanwhile.

One land lord friendly ( jackson MS) one Not landlord friendly Portland OR metro with its rent control and other very tough rules.

I have heard of instances where one (the borrower) is allowed to choose the appraisal company or put in a recommendation for one which the institutional bank may honor, and then the person already knows someone there, that they have gotten to know with time from other projects, and it's not unnaturally inflating value but favoring a good one to keep the reoccurring client.