Jonathan Chan
Things to look for when vetting your potential borrower
26 November 2024 | 2 replies
Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
Rob Gallitto
Multi Family property
26 November 2024 | 4 replies
Many of them struggle to relinquish control and delegate tasks to specialists who are better suited for those specific jobs.
Charlie Krzysiak
Advice For After College (CONDO v.s. HOUSE)
27 November 2024 | 13 replies
At least in my market (Los Angeles), many complexes have been struggling financially.
Dennis Boettjer
Recommended syndication companies? (NON-accredited)
24 November 2024 | 8 replies
And when a rising tide is lifting all boats, groups that amplified their results by using risky high leverage could score some massive returns until the music stopped, then will subsequently struggle to keep the rest of their portfolio out of foreclosure.
Golan Corshidi
First Cleveland Investment: Triplex showing 45% COC return. Am I missing anything?
22 November 2024 | 4 replies
Most people are struggling to get 1%.Â
Nathan Gesner
Are rents dropping in your market? You are not alone.
28 November 2024 | 26 replies
Conversely, those who just wanted to relist without any repairs, or continued to try to increase rent despite the market shift are struggling to find tenants.
Yori Dean
Is Wholesailing Still A Thing
24 November 2024 | 7 replies
My guess is that this statute will struggle in the courts once they try to apply it.
David O Smith
Rehab Loans ?
20 November 2024 | 10 replies
I am struggling to find financing for this property and need a rehab loan with reasonable terms.
Andrea Lee
First Timer - Any Property Management Recs in Cleveland Ohio?
18 November 2024 | 27 replies
I'm based in California and am struggling to find a property management service.
SK Yuthas
Note Investing Finding Buyers and sellers using BP?
20 November 2024 | 6 replies
Those who are here for a specific purpose like finding deals or raising money typically struggle because the more people you help, the more people are willing to help you. Â