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19 December 2024 | 50 replies
I also do what I say I'm going to do. 100% agree - best way to not get sued is to take do your research upfront on your tenants, take care of the property and be communicative.
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2 December 2024 | 14 replies
Always ask for references and examples of similar projects (pictures)The Red Flags you have to Avoid:Lowball bids (too good to be true often is).Poor communication or delays in responding.Hesitation to provide references or sign a detailed contract.Cash-only deals or pushy behavior to secure the job.
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2 December 2024 | 1 reply
Not an impossible task, but it winds up being ALOT of work for a home that is still likely to have a number of deficiencies compared to a newly built, energy efficient home.Now the question I've had a lot of people ask me is: I just bought a concrete block home.
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5 December 2024 | 25 replies
The wire instructions I received were also different from the entity listed on the contract, but in my case, they explained that the funds needed to be sent directly to the contractors handling the rehab, which aligned with the project’s structure.I proceeded, and everything went smoothly, with clear communication and regular updates throughout the process.
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27 November 2024 | 16 replies
Having said that, before you dismiss a sponsor for violating this guideline, take some steps to ensure you are communicating with the right person, and that communication is actually established.
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5 December 2024 | 34 replies
I think it will be worth your while to untangle this but it probably will go more efficiently once you get beyond the feeling that this woman is a lunatic.
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30 November 2024 | 4 replies
Additionally, it’s helpful to educate tenants on ways to conserve utilities, such as using energy-efficient habits.
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29 November 2024 | 1 reply
Communication - 1-2 weeks before a new trade starts they should walk the project with you to go through any last minute logistics and make sure they have a crew ready to go.3.
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30 November 2024 | 11 replies
I have been receiving listing from brokers offering cap rates of 3-7% in almost all 50 states, for different lease terms and guarantors.I am trying to analyze those deals in an efficient manner - weeding many deals or brochures early on, and understanding the out of state location well.Because the cap rates are all over the place (based on tenant, location and lease term), I struggle to understand if a property is fairly priced, as it is not easy to come up with a "general" cap rate to apply to each NOI.Does anyone have resources (books, podcasts, blogs) that they can share that gives pointers when analyzing NNN properties?
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30 November 2024 | 0 replies
This open line of communication fosters trust and ensures that investors are well-informed and can make strategic decisions based on the broker’s insights.