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2 February 2025 | 20 replies
There's been several arguments on here with people using historicals and gaslighting folks that dismiss them.
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6 January 2025 | 3 replies
Connecting 1 on 1 with folks is always a good option too!
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7 January 2025 | 7 replies
Pointing it out because experienced folks have fails.
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5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
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6 January 2025 | 25 replies
.$500k annual income is alot for your average folk, but it's not "retire me" income at all.
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3 January 2025 | 9 replies
Hey folks,Posting here because I couldn’t find a recent (past two year) answer about using Fannie Mae / FHA 203k etc loans for a house hack in DFW.
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2 February 2025 | 178 replies
Unless you can influence the builders to return our deposits like you made us get into this deal with them as we trusted you, the matter has not moved an inch for folks like me.
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15 January 2025 | 144 replies
In fact, most of the pro-Tardus posts in this thread are from folks who had very little previous activity on BP.
1 January 2025 | 2 replies
.: Quote from @Don Solt: Hi folks, As the topic states I'm looking to learn everything I can about the City of Philadelphia and its real-estate market.
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3 February 2025 | 26 replies
The credit thing should not be an issue for many DSCR folks like myself. 80% ltv may be an option, but,I have seldom found the tradeoff in cost/rate to be worth it in the last 12 months. 0% origination is possible, but, as others have said compensation is received in one fashion or another (higher rate, processing fee, etc.).