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4 February 2025 | 0 replies
The most successful investors systemize and delegate.How to Let Go (Without Losing Control)🔹 Automate – Use rent collection software, project management tools, and automated messaging for tenants.🔹 Delegate – If you’re spending hours on tasks that someone else can do for $20 an hour, it’s time to outsource.
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23 January 2025 | 23 replies
Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.
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22 January 2025 | 11 replies
Your focus on the Dallas market and Fix and Flip projects sounds solid, especially with the DIY approach and having an interior designer on your team.Â
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2 February 2025 | 178 replies
So my patience is wearing THIN on the Bennah Oaks Ocala project.Â
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27 January 2025 | 15 replies
And how much rehab ($ amount or $ of PP) are you comfortable with in your projects?
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5 February 2025 | 16 replies
The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.
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26 January 2025 | 5 replies
Local market trends: Could you share any insights into current rental market conditions and future growth projections for these areas?
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20 January 2025 | 0 replies
We decided to outsource major tasks such as septic installation, plumbing, heating, and carpentry, while handling smaller projects ourselves—a decision that proved beneficial.
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8 February 2025 | 2 replies
We also look at how fast we can complete the project.Â
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29 January 2025 | 3 replies
Then it likely takes hiring a GC to manage the project. Â