Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
Huge counterparty risk, I am just working through a scenario where a correspondent HML in the midwest got defrauded from bad diligence and their funding partner is having to clean things up.
Keira Hamilton
5 Lessons Learned From Selling My Laundromat
22 January 2025 | 4 replies
Some went through the process of signing the NDA, providing proof of funds, and having multiple conversations, only to end up ghosting me.I think what a lot of this comes down to is that many people start looking for a business before they’ve figured out for themselves what it is they really want, and what they can actually execute on.Here are a couple of the common misconceptions I encountered from buyers:🚫 You can close on multiple acquisitions within a year.Sure, it can be done.
Gregory Schwartz
"Am I experienced enough to raise outside capital?"
29 January 2025 | 32 replies
LOLi have raised half a billion $ ($500 million) through syndication over the last 22 years.
Kris L.
Selecting the right agent
26 January 2025 | 12 replies
You could also list low and if the demand is really there, could get bid up.
Jokari Trueheart
Meeting of the Minds, Lending Strategies Needed
3 February 2025 | 5 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
Martin Manning
How Does One Pull Comps For Apartments, Multiunits, and Offic Buildings?
2 February 2025 | 8 replies
So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.
Eric L Conry
Should you sell stocks to pay off a rental early?
2 February 2025 | 17 replies
Over the years the only place I have lost money is the stock market.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
So by spending $42k I collected an additional $75k over 5 years, and then sold the furniture through a consignment store collecting $8k as my share.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
So if I understand, you would get a loan the normal way and then the bank trust is an extra fee that comes along with owning the property in Mexico?
Ryan Bono
Self Storage Conversion
22 January 2025 | 7 replies
The newest outdoor is still advertising 1st month free as they haven't filled up, and I spoke with the climate controlled owner/builder yesterday (he's a pretty big REI in the area), and he made it sound like he hadn't leased a single climate controlled unit since they opened a few weeks ago.I recently purchased a 140x45 warehouse with low ceilings and had debated doing self storage, but my market seems very saturated.