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2 January 2025 | 37 replies
It didn't go over your head, it's right in front of your face.
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5 January 2025 | 33 replies
The market has a lot of strong points right now: affordable entry prices, great rent-to-price ratios, and high demand for rentals, especially in the Section 8 space.What’s even more exciting is the direction Detroit is heading.
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2 January 2025 | 15 replies
Scenario 1 they don’t or refuse to move- eviction costs and/or lost rent Scenario 2 they move out and Cap ex and turnover costs, lost rent, advertising for new tenants in a somewhat of a qualified tenant shortage, headaches can be avoided by simply having a conversation with the tenant to see where their head is at, and that they understand what your expectations are.
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16 January 2025 | 23 replies
You're heading the right direction.
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20 January 2025 | 242 replies
But with my head held high gone was all the normal trappings of RE success being served as a big slice of humble pie :(.
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31 December 2024 | 9 replies
@John Clark hit it on the head.
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26 December 2024 | 2 replies
I am heading towards what looks like an eviction for the first time.
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24 December 2024 | 5 replies
Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.
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28 December 2024 | 23 replies
He is a liar, in over his head, does not work for you but has the attitude that you work for him.