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30 December 2024 | 7 replies
Invest with syndicators who have a narrow niche and proven track record.For example, if an operator has done 5 or 6 workforce housing value add deals in Dallas, and they are offering a similar deal now, that would be encouraging.if however, their current deal was a brand new luxury Class A building in Charlotte and this was their first acquisition in Charlotte and their first class A deal, as an LP I would pass.Find operators who do one thing and kill it in that space.Find operators who own or have gone full cycle with similar assets in the same market.For example, my firm, Spark Investment Group has a very narrow niche - sub 100 unit MF or BTR in Greenville SC.
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24 December 2024 | 23 replies
This list isn’t exhaustive but includes most of the best ways to find quality firms to partner with.Conferences.
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31 December 2024 | 418 replies
My final confirmation to invest was that my own CPA firm was the firm who signed off on their proformas and confirmed they were performaing as predicted.
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6 January 2025 | 25 replies
My bookkeeping firm provides me with a steady active income, which allows me to keep doing deals, cover unexpected expenses, and navigate the occasional black swan event.
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23 December 2024 | 20 replies
Go to Omaha and Sioux city tomorrow for inspections and client meets. 3. close new loan with my bank unsecured ( those babys can be tough to get).4. get my mind ready for 9 grandkids at the house this is the toughest one :) Patience 5. firm up goals for 25 solidify my new clients that I have gotten in Q 4 24.
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25 December 2024 | 12 replies
We also have a firm policy, always enforce late fees and deliver a notice to pay or vacate on the 6th.
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28 December 2024 | 16 replies
For this, I'd recommend being prepared with the terms you're willing to accept in such a situation and staying firm.
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19 January 2025 | 46 replies
I firmly believe that everyone has the right to talk about Spain and share their opinions, even if they haven’t lived here.
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19 December 2024 | 25 replies
Perhaps my current firm at $6,000 is a little more suited for people with a bigger portfolio.We have 4 rentals.
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11 January 2025 | 67 replies
And if we're dealing with properties that are in a better condition so that there is not much fixing that needs to be done.. then the last thing missing is finding a great property management firm.