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4 February 2025 | 24 replies
More repair costs because their maintenance team somehow "missed" things during the initial turnover.At this point, I genuinely started wondering what exactly the 15% management fee was for.The Bottom LineLook, I get it—REI Nation is a business, and businesses are here to make a profit.
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13 February 2025 | 35 replies
Take that for what it is.I like markets as an investor and business owner with median pricing close to or below the median average for the nation.
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10 February 2025 | 12 replies
You'll learn a lot here.I recommend focusing on 1 strategy/business model and going all in on that one until you've mastered it and it's stable.
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26 February 2025 | 24 replies
@Dalton Summers My ex-business partner owns 40 units and still rents a house...
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7 February 2025 | 8 replies
Courtesy of the video, criteria to consider include Deal Type, Management Plan, Business Plan, Financing, Asset Class, Ownership Structure, Property Class, Location, Purchase Price, Rehab Costs, Risk Target, and ROE Targets.
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12 February 2025 | 27 replies
There is a barrier to entry, and the city is pro business, but our market had much better metrics.Lower entry points should not factor into getting in a market.
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26 February 2025 | 11 replies
Those that just make a ton of cash from owning their business or from their job and want to invest into SOMETHING SAFELY instead of sitting in a bank.
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6 February 2025 | 0 replies
Investors can fast-track their timelines and boost ROI, while agents can use these streamlined rules as a selling point to attract development-minded buyers.In Carlsbad, SB-423 projects are allowed in residential or mixed-use zones near urban areas, with 75% of the site’s perimeter needing to border developed spaces like homes or businesses.
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27 February 2025 | 60 replies
The only downside of using a commercial line to try and match the AIO loan is that I have to manually move money into my line of credit(LOC) and sometimes ACH payments take 2-3 business days unless I wire it in and even that might be the very next day.I basically pay down my line with everything beyond my min reserves + savings.The advantage of the AIO is it automatically sweeps over your balance in your checking account (provided with the AIO loan) and pays down your loan with any idle cash each night at 12AM and calculates daily interest based on that reconciled balance.
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19 February 2025 | 20 replies
If it’s multifamily, I’ve been in the business for 20 years and can share some insights.