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31 December 2024 | 0 replies
The Sampling Method is typically used for properties with nearly identical blueprints such as fast food chains or nursing facilities.EXPERIENCE OR “RULE OF THUMB” APPROACHThis approach is based upon the specialist’s experience in the industry and their ability to estimate the costs.
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28 December 2024 | 7 replies
I've been doing a moderate level of research around the housing industry and I am very excited and eager to jump in.
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19 January 2025 | 56 replies
Well known in the MH Industry?
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3 February 2025 | 34 replies
You lock in your interest rate and if rates drop you can prepay at any time and refinance at a lower rate without penalty.If the deal is commercial, whether commercial multifamily (5+ units), office, industrial, self storage, hotel, you name it...the choice becomes far more difficult.
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28 December 2024 | 2 replies
Although I don't have much experience in this field yet, I am passionate about real estate and hope to continuously learn and grow in this industry.
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10 January 2025 | 28 replies
Its a hard explanation on this part of the industry however I have decided to stay away from real estate and continue my path investing in the SMP500.
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27 January 2025 | 35 replies
Over the years, they’ve developed strong partnerships with tax advisors and wealth advisors, and lately, they’ve been working with some big names in the industry building new construction properties for their investor’s.
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29 December 2024 | 3 replies
@Seth Williams I work in the group home industry.
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9 January 2025 | 28 replies
I had no money to put down on any properties, so I learned (a lot) and put in a lot of hard work and effort to get some properties under contract.Initially, I had no clue what I was doing, but I had the help of some people (and I appreciated that)I made mistakes that cost me around $30k (lost a deal due to my ignorance regarding title and escrow)The good news with wholesaling is that it doesn't take a lot of capital upfront, and you can start talking to sellers and learn about the industry in general.The other good news is that you can without a doubt generate revenue quickly if you do things correctly (having a good TC / title / escrow connection that keeps deals moving on the backend)That said, there are a few points that I've come to live by:1.
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16 January 2025 | 40 replies
Or you want to leave the STR industry?