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13 August 2024 | 97 replies
In my opinion.And, as I mentioned, it's also always possible to negotiate to simply get the neighbor to deed over enough property to meet the boundary requirements so his property meets the setback requirements.Lots of ways to skin this cat.
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6 August 2024 | 4 replies
I agree with Jay, I want to see the numbers, the experience of the sponsor and how much skin they putting in the game.
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5 August 2024 | 5 replies
Most lenders will not allow a subordinate lender without some skin in the game (at least 10% down from the borrower).
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3 August 2024 | 0 replies
Looking to purchase an income producing ag property, farm and pasture land, that also has a massive gravel production site, over 20 acres of it (approximately 400,000 tons). My approval odds aren't great, I'm a first ...
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5 August 2024 | 9 replies
Unfortunately I think this only scratches the surface of your problems.
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5 August 2024 | 16 replies
There are a lot of different ways to skin the cat, not just one.
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2 August 2024 | 0 replies
., which would not work, since we don't have the wall or a flat surface in the location that we would want to install it at.Option 3: https://www.mailcase.com/about/ , which could also work if I purchase the spreader bar.Questions:1.
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6 August 2024 | 29 replies
There are more than one way to skin the cat, so ask people who are doing things that don't make sense to you how they are doing it.
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3 August 2024 | 17 replies
In my experience people ho have no skin in the game tend to care less about keeping the property up than those that have to work to have it.
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5 August 2024 | 21 replies
Hi Kevin,I'm a big fan of buying with cash and my thought process is quite contrary to everyone else's.Cash is KingCashflow is QueenLeverage can be a peasant lolOne can retire investing in Toledo with $1m in cash.Off-course, this all depends on how many villages you need to feed 🤓I have too many "villagers" on my back so it's a bit of a different story for me.Sub $100,000 markets like Toledo require volume to work and to be worth the risk if you are looking to buy and hold.Not much growth potential long term so I would consider it a strict cashflow play.Start slow and small and you can always scale up once you learn the market.Or call it quits and exit if you decide it's not for you.IMO, leverage should only be used to scale a portfolio and only after you have immersed yourself enough in a specific market.And only once you have decided that you want to stick around in that specific market and invest in it long term.Over the years, I've witnessed many folks use leverage and attempt BRRRR out of state only to fall short and say "the market sucks and it doesn't work".Nothing works unless you make it work and a market like Toledo can work better than any other market I know from a cashflow perspective.I've been investing since 2014 and flipped hundreds along with currently managing 400 SFH.Only this year have I started buying small multifamily properties.It's an adjustment and a different animal but let's just say it's in the same breed of animal lolImmerse yourself in a specific market and become an "expert" on the numbers in that market.Find off market deals, negotiate hard, buy with cash and buy quickly.You make money when you buy and not when you sell so you must buy cheap.There are many ways to skin a cat mate and this is how I get my fur lolWishing you much success