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6 August 2024 | 10 replies
I've seen term sheets from some other groups (to other operators that actually DID strike a deal) and they weren't too bad...so I guess it really depends on the fund.Are they discussing funding you, or just buying houses from you if you find a good deal or have a house to sell?
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6 August 2024 | 49 replies
We are currently negotiating a deal with a property owner while building relationships with engineers, builders, town managers, and others who (like @Steve B. says) we would have never thought reasonable to call without the education we are getting from VestRight. its just an advanced version of the very simple concept on BP of creating your core 4.. of course with developement its more like your core 12 :) good luck all in the development world.. this can be done.. but its not something that will fall in your lap its not like talking someone into selling their beat up rental :)
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7 August 2024 | 6 replies
Proper registration on all vehicles and must be operational.
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5 August 2024 | 6 replies
Property is exempt from STR permitting because the jurisdiction considers it to be a commercial lodging establishment.We've been pursuing an SBA 504 loan for it, which was going well until we discovered that the sellers have operated it only part-time the last 12 years -- intentionally blocking 60% of available room-nights because they just weren't up for running it full time in their retirement.
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7 August 2024 | 23 replies
I had always operated in a manner fully compliant with current direction, have clear disclosure, conversations and written defined contracts with buyers detailing exactly what comissions would be and how they'd work out, etc etc.
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5 August 2024 | 1 reply
We already own and operate a wedding venue and 5 STR doors.
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6 August 2024 | 12 replies
You'll want to understand the different areas to invest in and how to attract the best tenants, and operate the building etc.
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5 August 2024 | 7 replies
I have served across the U.S. and overseas, developing expertise in strategic mission planning, operational leadership, crisis management and strengthening global partnerships.I am now eager to meet and collab orate with business professionals to start building my real estate portfolio.
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5 August 2024 | 9 replies
Think about it this way: if the two companies were entirely separate -as in the owners never knew each other- would they operate the same way?
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6 August 2024 | 7 replies
I have checked with the City to ensure that if I were to purchase property, I would still be allowed to operate as a park and expand.