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19 September 2024 | 34 replies
He comes across like a very basic con artist slime-ball to me, preying on insecure people by acting confident and successful, which people mistake for actual success.
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17 September 2024 | 0 replies
It aims to streamline operations and improve financial performance.Callaway, which leads the U.S. market in branded golf clubs and is second in branded golf balls, will focus on growing its equipment business, while Topgolf will continue expanding its entertainment venues.
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16 September 2024 | 8 replies
However, precise execution according to IRS rules and clear documentation in the divorce decree are crucial to ensure it qualifies for tax-free treatment.
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18 September 2024 | 6 replies
After a while, you will know just from looking at the listing or a drive by if you are in the ball park.
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16 September 2024 | 5 replies
About half the time the investors bought something really crappy in a bad area and the experience you describe will be repeated over and over.The other half of the time this is just bad luck and things turn around because the property is in a decent area.It's really hard for anyone to know which situation you fall in because we don't know where the property is located (precisely), what exactly you've been doing in terms of repairs and maintenance, who's managing this property, etc.
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17 September 2024 | 12 replies
The risk profile for someone who's a local GC and has worked on structural rehab buying a portfolio in a building is quite a bit different.Also, situations like this where professionals can properly evaluate risk and bring in capital to solve the problem of said older folks is a way to earn income and make a positive impact (assuming you're not low balling the distressed, fixed income seller).
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16 September 2024 | 28 replies
I think Real Estate gurus should provide "I kick you in the balls repeatedly refund."
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16 September 2024 | 13 replies
Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.
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16 September 2024 | 11 replies
Nobody has a crystal ball and the failures in most operating agreements relate to their inability to anticipate capital needs, introduction of new members, etc.
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15 September 2024 | 0 replies
Eleven players on each side of the ball, we've done the math, it's an average of $477,272 / year / starting player.