
13 January 2025 | 15 replies
We hired a internet marketing person whose business consists exclusively of real estate clients who redesigned our website, initiated a program of SEO and social media marketing aimed both at deal flow (real estate borrowers and mortgage brokers) and capital (passive investors).4.

9 January 2025 | 18 replies
If the opposing part comes back with a different” number(s) or terms, I politely reject it and reiterate my initial and only offer.

3 January 2025 | 5 replies
I've been running the numbers on different properties using a variety of online calculators for properties that I initially thought looked like there may be potential.

17 January 2025 | 19 replies
The lender will charge a ridiculous amount up front to close, but that comes out of the LOC, so you still end up only putting in the initial deposit.
6 January 2025 | 1 reply
Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

11 January 2025 | 15 replies
Since it is explained clearly in the contract terms, (managing expectations there), the PM's initial response to the dispute was to reference that language.We found out about the dispute after the tenant had repeated her dispute 2x -- and the property mgmt asked us what we wanted to do.

7 January 2025 | 4 replies
We had to move fast and initially decided to sell it, the relator who was helping us somehow convinced us we should make it a rental property......... and let her be our tenant (insert face palm here) so since we had no real estate experience and we were already moved away, we agreed.

21 January 2025 | 74 replies
He is the one that initially introduced me to Lee.Have a great day!

6 January 2025 | 14 replies
If I pay for it initially with my primary residence HELOC , currently at 8%, the interest only payments would be $640, so $1,340 monthly expenses mostly.

5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great