Matthew Drouin
$1.5M to $3.125M in 18 Months
18 December 2024 | 11 replies
In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
I am at a crossroads on what to do about this one, but hopefully the market saturation from competitor assets in Katy, TX dries up.
Jacob Kurian
Newbie FHA Loan
16 December 2024 | 5 replies
Depends on your scenario exactly though, never one cut and dry answer to which is better.
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
Seems like this thread has unfortunately dried up a bit!
Dustin Calgaro
Cash-out or partner on my 4 unit property in Costa Rica
11 January 2025 | 19 replies
Super dry.
Rita Medeiros
Section 8 & mice what are the expectations. Give me your opinion
12 December 2024 | 20 replies
Mice are filthy and when their fecal matter dries up it becomes airborne because it's powder and it's full of diseases and it's hard to see visually when it dries up.
Garrett Brown
What is your biggest struggle in the STR world right now?
19 January 2025 | 45 replies
They come in with a different name usually acquired by buying out a small/mid company, wipe the market with unlimited funds backed by fed and big banks, dry the pool and leave when there is nothing left.
Ryan Fox
is the structural engineer correct??
17 December 2024 | 15 replies
.● The soil around the foundation should be watered with 1-2 inches of water per week during hot and dry weather patterns.
Matthew Paul
Home inspector says deck isnt up to code .
22 December 2024 | 23 replies
Just the other day I saw someone had used black sheet rock screws in the hangers on a brand new deck (non-permitted obviously, and not a single lag or any flashing on the ledger board, and they painted it immediately before the pressure treated lumber had even dried out so that’s going to peal in the first year, at about the same time that those sheetrock screws start to rust lol).
Keaton Sheffert
First Time Attempting to Re-zone Land - Advice Needed
14 December 2024 | 13 replies
It is usually fairly cut and dried.