Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
So far so good and Marco who runs Norada has been extremely punctual and helpful as i've navigated next steps.
Livia Adams
Issues with Neighbors Upstairs - Management refuses to do ANYTHING. What can we do?
29 November 2024 | 7 replies
If anyone has advice on how to put pressure on management or navigate this type of situation, we'd appreciate it.
Leo R.
Is anyone listing rentals on Craigslist in 2024?
3 December 2024 | 22 replies
Like you mentioned, frequent crashes, problems uploading photos, weird restrictions on what words can't be used, listings removed for no obvious reason. ....and, to me, the navigation/operation is very unintuitive and cumbersome.
Matt J.
Tax Considerations for Out-of-State Investors in San Diego
25 November 2024 | 4 replies
There are good QI's that will help you navigate the options.
Jonathan Chan
Things to look for when vetting your potential borrower
26 November 2024 | 2 replies
Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
Luis Ramirez
Seeking Advice: House Hacking with Airbnb and Second Mortgages
26 November 2024 | 1 reply
I recently learned that income earned through Airbnb often doesn’t qualify as eligible income when applying for a second mortgage.For those of you who’ve used Airbnb as part of your house hacking approach, how did you navigate this issue?
Zachary Becker
Seeking Advice on Renting to Section 8 Tenants in St. Louis Counties across river
25 November 2024 | 10 replies
Any advice on navigating the Section 8 rental landscape would be greatly appreciated!
Jonathan Chan
Thinking of becoming a private money lender? Vet your borrower properly!!
25 November 2024 | 16 replies
Look at purchase HUDS, statement of work if it was a renovation and the sale HUD to make sure they made money on the deal.An organized and easy to navigate borrower's package.Security documents to collateralize the loan against real, tangible property.I also like to throw in some communication clauses with consequences for ghosting.Cheers!
Ryan Smith
Advice on Effectively Scaling and Attracting Investors
25 November 2024 | 5 replies
I appreciate any advice or experiences you can share that might help me navigate this growth phase successfully.I appreciate any help you can provide.
Ximei Yue
Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
To get started, consider networking in local real estate groups to find reliable contractors or partnering with experienced BRRR investors who can help navigate initial projects.