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1 February 2025 | 9 replies
And if you’re targeting specific regions, what makes those areas attractive for your strategy?
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31 January 2025 | 44 replies
It would be hard to cash flow on a 600k house that has 3600 in rent regardless of the broader economic situation going on in society. i find that when someone says BRRR doesn't work anymore they end up meaning it doesn't work well for the specific types of real estate that they want to buy.
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1 February 2025 | 0 replies
Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.
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27 January 2025 | 11 replies
You are so right about analysis paralysis 😁Not too concerned about mechanics though I would like to learn more about how to best use CRMs (specifically freedomsoft), but also would like to learn specifics regarding forming LLC structures and tax strategies 🤔
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1 February 2025 | 17 replies
Curious to know what type of property I should be considering/searching for/advising him on.
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22 January 2025 | 3 replies
very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one.
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6 January 2025 | 2 replies
Any advise on how to go about this.Thanks
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23 January 2025 | 2 replies
Is there anything specific I should focus on during the due diligence process, particularly regarding title and document inspection, compared to a traditional sale?
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24 January 2025 | 5 replies
I think with it being newer accounts/investors they don't think of the specifics needed.
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17 January 2025 | 4 replies
Unless you find a buyer with a very specific criteria who is willing to pay above the typical 70% - repairs.