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23 September 2024 | 4 replies
I work for a non-profit and will have loans forgiven in 10 years with very small monthly payments.
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23 September 2024 | 10 replies
They could act as both an investor and manager, potentially bringing in more resources and taking a more active role in maximizing profits.
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19 September 2024 | 10 replies
Organizer is Sherry Patterson.
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24 September 2024 | 19 replies
In terms of finding raw land, and zoning to develop successfully and turn a profit.
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24 September 2024 | 6 replies
And don’t mistake on purpose actions for meanness or lack of sympathy My job after all of the diatribe and crap is to produce the highest level of profitability possible It’s not to make friends
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18 September 2024 | 0 replies
Sold for a good profit to an investor.
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23 September 2024 | 0 replies
It provides in-depth insights, including valuation analysis, debt scheduling, profitability metrics, IRR, CoC, equity multiple, competitive analysis and it'll even build out your LOI automatically.
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23 September 2024 | 4 replies
Chris, you’re OLD school, save, invest, profit, reinvest.
22 September 2024 | 8 replies
Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success
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23 September 2024 | 9 replies
I have questions about profits and vacancy rates.