Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
In contrast, Chicago’s prime location drives higher rental rates compared to many other cities in the Midwest, which can significantly impact your return on investment.
Mario Morales
If I have 3 properties (9 doors), How Will Lenders look at my Income
14 December 2024 | 6 replies
DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?
Eva Sha
Commercial Real Estate Investing, how to get started or finding a mentor?
19 December 2024 | 22 replies
I'm sure there are plenty of paid mentors and coaches out there, but from personal experience its been the on the job 1 on 1 time with someone doing what you are trying to thats been most impactful to me.
Dina Schmid
Is a Loft a Bedroom?
18 December 2024 | 13 replies
This will impact lofts.5 - Minimum window size.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
We expect to be in a position to redeem your interests in short order, and we will keep you posted, as always, on any developments in this regard.We understand the importance of distributions to our investors and recognize the impact this decision may have on your financial planning.
Kent Ford
"Texas vs. the Rest: Is the Lone Star State Still the Best Place to Invest in RE
13 December 2024 | 7 replies
How does this impact cash flow compared to states with lower tax burdens?
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
As a lender (aka “Maker”) to Norada, you are a valued member of the Norada family.The purpose of this correspondence is to provide you with an update on the repayment under the terms of the promissory note (“Note”) as an obligation of Norada Capital Management, LLC (“Norada”).As with all businesses, Norada is subject to market factors that could impact its ability to make payments.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
Do better rehabs. 100% agreed mate,Safety comes in the volume.Something that I've "preached" for many years.It's not worth the time, money or even risk buying 1 or 2 or even 3 properties unless an investor has a growth type mindset and a will to scale to 10+.It's very simple, you own 1 and it goes vacant.That's a 100% impact on your income.You own 10 and 1-2 to go vacant.That's only a 10-20% impact on your income.It's also a very high likelihood that problems will always exist with 1 or 2 properties at any given moment...Plus, such markets (Ohio and Michigan) don't appreciate as much as many others like a Texas and Florida for example.Michigan and Ohio are slow movers and only recently (10+ years later) caught up to some of the other "higher flying" markets from a yearly growth percentage.Much success
Richard Gann
3 Factors to Consider in Exchanging Your Oregon Rental Property
16 December 2024 | 1 reply
An entity that operates hundreds or thousands of apartment units has far less concentration risk than an owner of a few rental homes, whose tenants may all be impacted by COVID-19.Do you think Portland’s ten-year trend of positive economic growth for landlords will continue, or will it flatten out, possibly even declining in the wake of COVID-19?
Brendan Duggan
Private Lender in inaugural year!
13 December 2024 | 4 replies
You can also sell them on sites like paperstac, debexpert or others as well as brokers like Mission Capital, Rams or Phoenix.Depending on quality of paper and interest rate will determine sales price - also I would say self servicing can have a negative impact on the sales price as the major players in the space are not fond of self servicing.