Craig James Conrad
Lease expiring, couple is splitting up -- Each wants to renew on their own
4 August 2024 | 5 replies
Anything I need to be particularly cautious of before I communicate this to them?
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
Took many months of chasing to have record of my funding recorded in the portal.The deal failed and property surrendered in Dec, was not informed until Apr the following year by the operator, in Aug still waiting for official announcement and the MIPA to be provided.Co-sponsors Legacy Wealth Holdings(operator), Community Investment Properties – refused to help LPs that were not brought in by them.3/ Any lesson learned to help future investorsMy key takeaways from this experience are:In addition to doing due diligence on the investment, underwriting, & sponsors.Be very cautious of these joint co-sponsor deals, ask for and understand the partnership agreement before deciding to invest.Understand that co-sponsors oversee the interest of the LPs they bring in only.Avoid fund of fund / feeder fund investments, instead invest directly in the investing entity.If you value timely communications & receipt of investor updates, k-1s, etc, invest only with the deal operator.Ask for a walkthrough of the investment portal using live data in an actual active investment account to ensure its managed according to your needs.
Bill Pollnow
Landlord software Avail
3 August 2024 | 9 replies
I checked out the website and was interested but cautious do to the "free" or $5.00 monthly levels.
Thomas Sehon
Mold tests in the south
3 August 2024 | 4 replies
I would be extremely cautious about buying a property that has prior flood damage - you'll want to dig into the repairs and how they were completed.
Kelsey VanSleen
Flipping with Seller Financing?
31 July 2024 | 5 replies
I always take seller financing cautiously though.
Rahul P.
new investor from california
1 August 2024 | 23 replies
BTW, if you're buying out of state, make sure to do it very cautiously.
Allison Keib
New Construction - Modular Homes??
1 August 2024 | 42 replies
@Allison Keib, be "cautious" of new construction (ground up) for new homes or modulars for new investors.Ask your realtor if she had ever built ground up modular homes from beginning to the end before (entitlement, underground utilities, crane in units, rough hook up, final touch up, etc.)?
Account Closed
What would you do? Potential renter with a felony.
1 August 2024 | 125 replies
@Shayna Hatcher it’s good to be cautious, but sometimes looking into things too much in this business will make you loose money.
Manuel Angeles
Market Report: Retail in Los Angeles County, CA as of July 1, 2024
28 July 2024 | 0 replies
This tepid job growth may be contributing to the soft demand for retail space.Market OutlookThe forecast for the Los Angeles retail market is cautiously optimistic:• Asking rents are projected to grow by 1.3% in 2024, accelerating to 1.7% in 2025 and 2.0% annually from 2026-2028.• Vacancy rates are expected to gradually decline, reaching 7.2% by 2028.• New construction is likely to remain limited, with inventory growth forecast at 0.5% in 2024, declining to 0.2-0.4% annually through 2028.However, downside risks remain.
Frank Barletta
Reviewing Parma, OH for Investment Opportunities
27 July 2024 | 19 replies
Be cautious of cities that aren't proactive in job attraction; too much growth can lead to strict building regulations, affecting housing value.Other Factors- Favor cities with a crime index that has consistently decreased over a decade.- For appreciation, I look for a minimum of 2.5% YoY growth in median house values over the past 20 years but I don't use this explicitly in calculations.