Kate B.
Recent Experience with LendingOne
19 July 2024 | 53 replies
Pretty good, everyone throughout the process was responsive, even with getting the appraisal done around the thanksgiving holiday, I’m cautiously optimistic about using them again given what occurred in the first experience.
Daniel Bedell
How I Built An Amazing STR The SUPER HARD WAY!
18 July 2024 | 0 replies
Oh, let me count the reasons, stark and clear,Why in the Rockies, dreams might disappear.Firstly, time's dance, a tango unforeseen,Delays and setbacks, patience in between.Secondly, budgets shift in mountain air,A treacherous venture, costs rise with care.Like winds that howl, a financial plight,Draining pockets in the mountain's height.Thirdly, expertise, a crucial call,A craft refined to prevent the fall.In rocky realms, build cautiously,For seasoned skill shall guide to victory.Oh, let me count the ways, with wisdom's might,To pause the dream, build in clearer light.Where were you CountTheWaysGPT when I needed you?
Andrew S.
18 yr old dying dog - rent to them?
14 July 2024 | 4 replies
The most likely time for dogs to cause damage is during the first year of ownership, whether it's a puppy or an older dog that is just new to the family and going through training.I wouldn't rule them out over this one issue, but I would certainly be cautious.
Sendhil Krishnan
So You Wanna Start a Residential Assisted Living Care Home (RAL)?
17 July 2024 | 20 replies
others are little more cautious..."
Account Closed
What is it like to be an out-of-state investor?
19 July 2024 | 58 replies
I'm very cautious and definitely not in the same league as some of the investors posting on BP.
Saeed J.
Looking for a less volatile market for my first investment property
18 July 2024 | 40 replies
Higher purchase price is not a problem, but lower price-to-rent ratio is a very big con keeping me away to buying a house in that demographic.I would be cautious about Stockton.
Dayton Bourassa
First 4 Unit Looking for Feedback
14 July 2024 | 13 replies
@Dayton BourassaI would also be very cautious of thinking you can increase the current rent by 35%, I know you passed on this deal, but when analyzing deals it's important to be conservative when estimating rental income, if you are not conservative with your estimates then you need to account for more vacancy, which is essentially doing the same thing as being conservative.
Carlo D.
Seeking advice on a small business loan I am looking to extend to a long time client
12 July 2024 | 2 replies
Coupled with the economic slowdown that's occurring, I'd be cautious to say the least.
Terra Padgett
Private Lending to JWB Real Estate
11 July 2024 | 11 replies
As always be cautious that terms are not overly favorable to them. 10% is not a great return on a risky investment.