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29 January 2025 | 7 replies
I'm not familiar enough with RDU to give you specific areas or submarkets.
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24 January 2025 | 3 replies
Why ask: You want to know the mentor’s qualifications, expertise, and track record in the specific area you need help with.
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22 January 2025 | 7 replies
Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.
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24 January 2025 | 2 replies
I've used the search feature on this forum but didn't have much luck.Are there any US investors, hard money lenders, or groups that invest in flips outside of the United States, specifically in Europe (Netherlands, Spain, etc.)?
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3 February 2025 | 6 replies
I haven't taken it, but would assume it was at or near their best stuff...the inability to ask the specific questions you had might have taken a part in that.
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13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
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15 January 2025 | 5 replies
. 😉 Lack of investment capital (money) ought never be the obstacle because if the deal is right, the money will always appear.Then, you’ll need great data sources both for identifying opportunities and confirming the facts.
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26 January 2025 | 14 replies
I'm thinking I can just write a simple letter giving notice that the lease will end at the end of 12 months letter style without citing any specific reasons.
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5 February 2025 | 13 replies
There is a big distinction on the variety of restrictions you need to be aware of with ADUs in Chicago specifically.
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20 January 2025 | 4 replies
Do you think this issue is specific to banking services or what do you think is the root cause?