Galant A.
Manage Permit Delay Risk
29 November 2024 | 2 replies
Speeding up the pickup and drop is helpful in cutting down on time, however the Architect (and their office) are the ones to make the actual drawing changes.
Lorenzo L.
Starting a Syndication at 21 (NEED ADVICE)
4 December 2024 | 32 replies
Any deal has three (3) important components: finding deals, finding money, and running deals (this one doesn't matter until you find the first deal and the money to go with it).
Jahl Brown
Double Closing in NJ
28 November 2024 | 0 replies
I want to keep away from any short cuts , I am not looking to take large cuts from sellers (I’m a true agent at heart and looking to serve my clients) .
Melissa Odom
DCSR, LLC, and Trusts
3 December 2024 | 15 replies
If the concern is max cash out, you can cross collateralize the properties to cut down on costly processing fees.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
Harsh Poshti
Mixed zone property investment ideas
24 November 2024 | 5 replies
Most municipalities have different mix-use categories which dictate the precise commercial use that's allowed.A few additional observations on mix-use assets and how I approach them (1) they are generally more difficult to finance than multi-family assets so expect lower leverage terms even if the property performs just as well if not better than a multi-family property and therefore price this into your acquisition (2) I focus on mix-use assets where at least 80% of the income is generated through the residential component.
Marc Shin
STR Furniture - cheap vs expensive
2 December 2024 | 10 replies
So it will add time, and then you have to cut up and throw out big boxes.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
what really needs to be reviewed is why is it not going well and what is the plan - its very different plan when you cut distributions and do a capital call to hold $4M to lower your debt obligation to allow for a refinnance compared to needing a capital call because you are only at 80% occupancy and anticpated 95%, rents are 50 cents a square foot less than you wanted and expenses are 25% higher....
Jasmine G.
Financing first rental
3 December 2024 | 10 replies
Cash flowing at 5% down was possible about 3 years ago—but that ship may have since sailed.Now, you’re left with two options: you can either pony up more cash per deal, or you can potentially look out of state for markets with more favorable rent-to-price ratios.Or…you can wait for rates to decline, but I don’t know how much a 100 or 150 basis point rate cut in the next year will really move the needle.That said, some firms (usually new construction companies, turnkey providers, etc.) will enter into forward commitments with lenders at institutional rates and then pass cost interest rate savings onto end buyers to entice them to purchase a property.
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
That doesn't cut it for me.