Nancy Bender
Investing at Margaritaville Orlando?
31 July 2024 | 46 replies
I figure even if I invest, and it’s a failure, I’d at least have an amazing place on the East coast to visit.i would love to hear more from you.
Jeff Shu
Is landlord responsilbe to keep commond ground clean?
29 July 2024 | 6 replies
Tenant’s failure to maintain any item for which Tenant is responsible shall give Landlord the right to hire someone to perform such maintenance and charge Tenant to cover the cost of such maintenancePremises defined in the lease as follows: Landlord rents to Tenant and Tenant rents from Landlord, the real property and improvements described as: address of the rental property (“Premises”).1.
Haiden Welch
How do you find and investors and get financing for a real estate syndicate?
29 July 2024 | 2 replies
Then you need to be able to manage that money, manage the project, pay distributions….If you don’t have any real estate experience or money I would say your chance of failure is 99%.
Connor Hibbs
Recommendations for 5+ and Mixed-use Properties
28 July 2024 | 7 replies
The "failure rate" or "Pass-through rate" is where the loan officer is fighting to get an application to make a paycheck and it taking anything they can get but not putting in the work up front to avoid lost time, lost earnest money, and lost clients for realtors!
Vonetta Booker
Self-managing a property long-distance - any suggestions?
28 July 2024 | 25 replies
In our opinion, many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
Marc V Palmeri
Smoking violation / tenant security deposit (Massachusetts)
26 July 2024 | 9 replies
I also let them know that failure to clean/deodorize may result in eviction.
Andres Mata
01/2024 - Thoughts on Syndications / Investment Clubs
26 July 2024 | 49 replies
If you start seeing these big syndicators losing investors capital, then that is what most would consider the benchmark for failure.
Jazzlynn Faith
Seeking Plaintiffs for Class Action Lawsuit Against Section 8 Housing Program
24 July 2024 | 8 replies
Hello everyone,I am reaching out to connect with individuals who have experienced significant issues with the Section 8 housing program, specifically regarding their failure to enforce their own lease agreements.As a landlord, I had a tenant under the Section 8 program who turned out to be a severe nuisance.
Taylor Waters
Paid Mentor Worth It?
25 July 2024 | 19 replies
You need a massive marketing budget, and you need to double close on the property, meaning you need the actually have the cash to buy the place.Flipping contracts from unknowing sellers to buyers is a shady business, illegal in most states, and has a failure rate in the high 90% range.
Gino Barbaro
Where Do You Think People Fail When Not Achieving Financial Freedom?
22 July 2024 | 71 replies
I made a few sacrifices, they won't.I think people are either just lazy or scared of failure to take any action which ultimately leads them to live a non financially free life.