Lorenzo L.
Starting a Syndication at 21 (NEED ADVICE)
4 December 2024 | 32 replies
It seems these inevitably run into problems as the investment projections are not met, loses begin to pile up, SEC compliance issues are ignored, and numerous legal actions are instituted against the sponsor.
Jamie Banks
Turning A Primary Home Into A Midterm Rental
26 November 2024 | 11 replies
Check local short-term rental regulations.3.
Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants.
Joe S.
Are second lings still a thing on investment properties?
21 November 2024 | 6 replies
It varies deal to deal, on one property maybe up to 65% LTV, but if you have more collateral the more likely they can make something work.For example, I've done numerous deals where we place a 2nd on 4-5 properties and the lender feels comfortable lending x amount of dollarsThese are very non traditional loans and no two will ever be the same.
Nicholas Nocella
New and Hungry!
22 November 2024 | 14 replies
From there, I would like to explore house hacking/the BRRR strategy, but I know there are rules, regulations, and connections I will need to make all this happen.If anyone is willing to have a conversation or thinks they could use my help in bettering their real estate business in return for some advice, I would love to at the very least create some new relationships.Here is my 2.6 cents adjusted for inflation...What about getting a realtor license?
Max Kulishov
Off Market Deals and Mailers
22 November 2024 | 7 replies
This has worked for me numerous times over the years.
Jorge Vazquez
I am wondering about a "sewer scope." Thoughts?
25 November 2024 | 18 replies
A scope is especially important on properties where the sewer line would be particularly expensive to replace (for instance, if the sewer line replacement would require breaking up and re-pouring a driveway, or removing numerous mature trees--these things can cost significantly more money above and beyond the cost of replacing the sewer line).
Michael McLoughlin
PPR Note Fund
5 December 2024 | 87 replies
Many banks have been sitting on 2nd liens for awhile now due to compliance, regulations, and other third party risks.
Charlie Krzysiak
Advice For After College (CONDO v.s. HOUSE)
27 November 2024 | 13 replies
Rode my bike around the area numerous times.
Nick Baxter
Real estate wholesaling technology - dream stack vs essentials?
20 November 2024 | 0 replies
In a dream world - the comprehensive solution does all this: *task management and sequencing where you can drop a property into a sequence ie day 1 call, day 2 mailer (have it automatically mail out something like a postcard) day 3 etc etc etc*project management outside of the outreach sequences for what's next in the process ie schedule inspection, send the contract, etc etc*ability to have multiple users drive around and if you see a property you can tag an address and add it into a marketing sequence, and also track the streets you've hit so you're not wasting time driving by the same houses more than once *dialer (ability to parallel dial numerous numbers simultaneously to make cold calling more efficient - Ive used tools like orum and kixie in other industries, and when you receive a pickup, the other calls are dropped) *skip tracing/data provider *website landing page for converting online visitors to leads*electronic signature/docusign*secondary branded landing site on different URL for blasts for deal disposition to your buyer listWhat am I missing?