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Results (10,000+)
Joshua Davidson 16-Unit Multifamily Investment in Wheeling, WV
24 July 2024 | 3 replies
Renovated all apartments, converted M2M tenants to annual leases, instituted strict rental criteria, implemented online payment portal, invested $75,000 into leasehold improvements (HVAC, drainage, exterior paint, concrete.)
David Charles Edwards Selling rental properties and moving into Fixed income for early retirement
27 July 2024 | 108 replies
A DST is a hands-off, institutional grade real estate investment (apartments, self storage, commercial, medical office, etc), that allows the investor the option to diversify into multiple markets and industries around the country.
McKean Farnell "I've heard about ChatGPT but I'm not sure how to use it..."
24 July 2024 | 6 replies
Here's a list of tasks where ChatGPT can be particularly beneficial:Initial Client Interactions: Use ChatGPT as the first point of contact on websites to answer basic client queries and gather preliminary information.Property Information: Automate responses to common questions about property listings, such as square footage, amenities, and nearby attractions.Appointment Scheduling: ChatGPT can help schedule property viewings or meetings based on the broker's availability.Market Updates: ChatGPT can be programmed to provide recent market statistics, price trends, or news to clients on demand.FAQs: Handle frequently asked questions about the property buying/selling process, brokerage fees, or other standard real estate queries.Document Explanation: Brief explanations of common real estate documents, terms, and jargons, ensuring clients have preliminary understanding before detailed discussions.Lead Qualification: By asking potential clients a series of questions, ChatGPT can help in initial lead qualification, filtering out those who aren't serious or ready to move forward.Feedback Collection: After a property tour or meeting, ChatGPT can gather feedback, which helps in improving services or adjusting property prices.Recommendations: Based on client preferences, ChatGPT can suggest properties from the broker's listings.Follow-ups: Automated reminders or check-ins with potential clients to maintain engagement.Education: Offer brief tutorials or explanations about real estate concepts, market trends, or investment advice.Localization: Provide information about neighborhoods, schools, and local amenities to clients interested in specific areas.Transaction Updates: Keep clients informed about the status of their property transaction, from initial offer to closing.Referrals: Encourage satisfied clients to refer friends and family by sending automated referral requests or reminders.Networking: Introduce and maintain relationships with other brokers, agents, or relevant professionals in an automated yet personable manner.Maintenance Reminders: For brokers also involved in property management, ChatGPT can remind tenants of maintenance schedules or gather feedback post-maintenance.Reviews & Testimonials: Automate the process of collecting reviews and testimonials from satisfied clients for promotional use.Mortgage & Financing Info: Provide preliminary information on mortgage rates, lending institutions, or financing options available.Training: New agents in the brokerage can use ChatGPT for training purposes, asking questions about company policies, sales techniques, or market nuances.Market Analysis Reports: While detailed analysis might require specialized tools, ChatGPT can give general market outlooks based on data provided to it.By leveraging ChatGPT in these areas, brokers can increase efficiency, enhance client engagement, and free up time to focus on relationship-building and closing deals.
Ryan Thoma Own land, seeking financing to build STR
22 July 2024 | 9 replies
normally from what I've seen on a national entitlement and an institutional level most people avoid deals that don't have public utilities and I'd recommend the same if it isn't too late.
Mitch Conrad Syndication vs Private Fund LLC
22 July 2024 | 22 replies
BUT, borrowers need to know that borrowing from individual investors is WAY different that borrowing from a lending institution or business set up to lend money.  
Andrew Postell How To: Find Real Estate Investor Friendly Lenders
26 July 2024 | 75 replies
If you use that @ symbol and the name then that will flag us (like I did with you) but here are your answers:Yes, the 10 loan limit is a Fannie/Freddie limit.Basically a credit union is a "not for profit" lending institution
Adam Pervez Mortgage rate at 6.5-6.7% for a 5% down
22 July 2024 | 9 replies
It's good that smaller banks, financial institutes are competitive.
Don Konipol When Does Owning A MHP Make Sense?
23 July 2024 | 12 replies
A lot of the MHP on the west coast would be what we call institutional grade investments.
John Underwood New law makes wholesaling illegal is SC
22 July 2024 | 82 replies
Account Closed They're adopting the definition from the new bill.
Danny Celestin Conventional vs Non QM Rates
20 July 2024 | 15 replies
The number is ticking up but Ohio is still fine in vast majority of cases - anything over loan balance of $110,223 (2024 limit) doesn't apply - since most DSCR lenders have minimums around $100k loan amount, barely affects thingshttps://com.ohio.gov/divisions-and-programs/financial-institutions/consumer-finance/guides-and-resources/loan-prepayment-penalty-and-adjustment#:~:text=Effective%20January%201%2C%202024%2C%20no,loan%20of%20less%20than%20%24110%2C223.