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3 January 2025 | 42 replies
I have not reviewed BAM's fees but it's likely based on their representation of UNDER 10% "skin in the game" that most of their "investment" is taken from fees deducted from the money gamblers place with them and counted as equity in the deal; this is a common practice in the syndication industry.Â
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27 December 2024 | 22 replies
I'm also working on upgrades for THE MTR Connect - better scheduling, automations, guest speakers, social media - all to help promote the collaborative and supportive space my colleague @Jamie Banks and I have created.
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20 December 2024 | 1 reply
Many sellers will not accept this since they are in second position, and it is very risky since if you default (higher probability for investors with no money and/or no skin in the game), they will most likely be wiped out during a foreclosure.
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30 December 2024 | 15 replies
(So please thank them and also support them 💰💸💵 because their vote was not popular… but it was right)It’s not the end of the world but it will fundamentally change how you run your real estate housing business.✅ First and foremost, holdover evictions will be illegal.
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1 January 2025 | 27 replies
It’s a bit pricier but supports online updates and even custom game uploads, which is awesome for versatility.One tip—make sure the machine fits the vibe of your space.
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23 December 2024 | 9 replies
One of the most important things to look for is the support during and after the class.Â
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18 December 2024 | 3 replies
Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in CO FLA WA ID MT NV AZ OR TX SC GA VA one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..
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22 December 2024 | 1 reply
Here’s how I built my network, the challenges I faced, and why I believe relationships are a cornerstone of real estate success.Finding My Support SystemWhen I first started in real estate, I was young, fresh out of college, and had just become a mom.
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29 December 2024 | 253 replies
This combined with my new boss giving me additional responsibilities (how dare he...) and the support of my wife prompted me to take the plunge.Â
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22 December 2024 | 7 replies
Unfortunately most lack the balance sheet to obtain favorable financing, can't afford to put any skin in the game and fail to make a compelling reason for why the investment makes sense or to justify the structure they are seeking.