Pablo Flores
Anyone use STR Law Guys?
12 March 2024 | 17 replies
These comments seem to abound when any attorney company is brought up on these forums.
Pete Blankenship
Mobile AL Commercial Real Estate: Economic overview
7 March 2024 | 0 replies
As the city continues to thrive and adapt to changing market dynamics, savvy investors stand to benefit from the opportunities that abound in this vibrant Gulf Coast community.
Marcus Gendke
Economic Headwinds Abound
6 March 2024 | 0 replies
With seemingly robust GDP numbers, it might seem like the US economy is firing on all cylinders. However, a closer inspection reveals some significant challenges that companies will encounter in the upcoming year. In ...
Julie Gates
Commercial loans are SOO 5 minutes ago. The DSCR loan is the new Black
16 February 2024 | 1 reply
As Covid 19 shut down offices everywhere for weeks and months in 2020, the rumors abounded that commercial real estate would crash.
Massimo Salerno
own it detorit
10 February 2024 | 5 replies
Things were going bad from day one however we wouldn't be aware of it until late 2017.It started when 1 of our properties got burned and when started an insurance claim learned that the policy the management company has purchased for us wasn't covering the cost of property purchase and their savings of $20/month cost us loss of thousands of dollars.That was the start of our awakening and we started checking all that was taking place and we have questioned all the different bills and reports that were provided to us, during that we learned that 2nd of our properties was abounded by the tenant and the months late rent payment wasn't questioned by the management company, not only that but thieves had broken in to steal all appliances and vanities, created damage and leave the property completey vandalized, a squatter had taken over the property and we had to go thru eviction process.Needless to say we have dropped Mousa and his so called management team (Omar and Wanda) and hired another company to take over and conduct a full due diligence on our properties which helped us to find out that on a 3rd property the management company had failed to fill out correct paper work and the tenant was not paying her utility bills for months and that mistake of paper work forced us to settle thousand of dollars past due bills with the city, that's on top of the fact the tenant was way past due on her rent, this property was so badly maintained despite the fact we have paid thousands of dollars to Mousa and his team for various repairs they have reported and invoiced for.As you can imagine the poor management of this company had caused us nothing but losses that are at this point estimated in tens of thousands of dollars.It is clearly our responsibility of not checking this company in details before engaging in business with them, however it is this company lack of responsibility and management that caused our losses.Be aware and check them thoroughly before engaging
Tony Castronovo
Just Completed Two BRRRRs
27 August 2017 | 82 replies
For a couple bucks and a small amount of time I produce a bound and tabbed document that showcases my properties.
Colin Simpson
Buy and Rent vs. Rent and Buy
7 October 2016 | 13 replies
With some cash, some education, and the right mind set opportunity will abound.
Chris Watson
New Member from Navarre FL
24 August 2016 | 9 replies
That market has shifted dramatically in the last 10 years and opportunities abound - especially in the areas you're looking at.
Alex Silang
"Biggest mistake" was to do out-of-state turnkey investing
9 March 2019 | 127 replies
Overly optimistic ARV's, hard money loans, shady tenants with unseasoned or flat out fraudulent payment histories abound.
Mark Manship
Hurricane: Pain or Gain?
6 September 2017 | 14 replies
The seller has a bound insurance policy.