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20 February 2025 | 21 replies
Your time is a huge factor in this, Nathan has a great post above that provides in fine detail here.
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21 February 2025 | 4 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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1 February 2025 | 4 replies
Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.
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20 February 2025 | 7 replies
Just based on the info you provided I would take the loss and move on.
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5 February 2025 | 13 replies
@Matt Smith - as @Christopher S. mentioned you cannot use an ADU unit in Chicago as an AirBNB as the city's intent with the program is to provide additional affordable housing.
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19 February 2025 | 7 replies
Providing a lease to the appraiser can also help in giving them an idea of the rents that you're expecting on the report while also confirming that there is demand in the market already for the value that you set the property at.If you're looking to refinance a property using a DSCR I would be happy to help!
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18 February 2025 | 43 replies
That's a big deal, and should provide encouragement to others who are on that path.
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23 January 2025 | 16 replies
fit into the mix?
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6 February 2025 | 1 reply
Anyone who can provide useful advice would be appreciated.
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18 February 2025 | 18 replies
Id remove the drone photo.Increase the pet fee.You can always block days when you want to stay in the property.Ask for feedback from the first few people during their stay to see if there is anything you should have provided that you didn't.