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6 February 2025 | 28 replies
If the property was misrepresented in the sale documents, there could be grounds for legal recourse, though this might be more challenging after the rehab.In a similar situation, I’ve seen investors focus on maximizing their returns by operating within the legal limits (e.g., as a single-family or duplex) while still exploring long-term solutions with the city.
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25 January 2025 | 14 replies
It sounds like current challenges are:* how you currently feel today about maintaining property* how you currently feel today about that particular house that you lived in and made niceIt also sounds like there are a few logistical/ timing/financial challenges such as:* the logistics of a 1031 etc.* logistics of maintaining out-of-state property and tenants* having time to research enough about this while moving across the country to be confident in your decisions and planning* having time to research other opportunities, what could be done with the money if you soldReason I bring up the emotional stuff because yeah property is a hassle, but there may be another vision that lets you get everything or most of what you want, with a little bit less hassle, or hassle in a way that bothers you less.
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21 February 2025 | 245 replies
We are not DEFENDING the sponsor.
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17 January 2025 | 22 replies
Successful BRRRRs are challenging enough to do local to you.
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20 February 2025 | 32 replies
Is there a specific challenge you are trying to solve for?
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15 January 2025 | 12 replies
- Do you think it’s worth challenging the appraisal with Kiavi, or should I just cut my losses and move on?
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28 January 2025 | 9 replies
Sounds like a challenging situation all around I would not cancel the deal, but if he dies and it goes to the estate and probate you may want to start looking for something else just in case...Best of luck. ...
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28 January 2025 | 22 replies
She jumped into the BRRR method and found some unexpected challenges, but also some great successes.When I started out, I realized that having a solid network was more valuable than any textbook could teach me.
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3 February 2025 | 15 replies
Owning the multifamily has it's challenges as everyone knows when you compare NNN to multifamily.
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27 January 2025 | 21 replies
I'm not underestimating the work and unique set of challenges that come with it by any means.