Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
If it was easy to take $1k and turn it into $10k easily with minimal work and sacrifice like the guru's say, then we would be the richest country in the world.
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
20 January 2025 | 33 replies
All these areas have started gentrification path and have a lot of room to continue growing.
Ashley Mierez
What are investors looking for from wholesalers?
7 January 2025 | 7 replies
That will put you above 90% of the country’s wholesalers.
Ashish Acharya
Corporate Transparency Act Update: What Businesses Need to Know
31 December 2024 | 1 reply
Voluntary compliance may be the safest path forward, but every business must weigh its options carefully.To learn more, visit FinCEN’s official Beneficial Ownership Information page: www.fincen.gov/boiDon’t wait for last-minute surprises.
Anthony Jackson
Norada Capital Management Promissory note investment
5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
Alex Silang
A development company as a catalyst to drive owner occupancy in a "slum"
3 January 2025 | 2 replies
Slum housing seems to be the order of the day in some 3rd world countries though.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
Part of the problem is that we have so much information available that we don't know what is right and what is wrong, which path to choose, etc.Slow down.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
We invest in every property type, in cities across the country, with different syndicators or private partners.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
The reason I did it is because I live in an area of the country that was exploding in 2016 and when you don't have to pay any capital gains on real estate inside a SDIRA that is a huge deal.
Cole Bossert
Starting Air BnB Management
6 January 2025 | 7 replies
It’s an area filled with short-term rental properties owned by a mix of out-of-town hosts and locals, but I know the advice here can apply to hosts and managers across the country!