Patrick Philip
How do people make large real estate profitable?
1 May 2018 | 36 replies
When I worked for a large apartment owner/operator, they would buy an older apartment (around 20-25 years old) that was outdated and rehab it.
Andrew Pappas
Difficult seller in St. Louis Multi family deal
18 April 2018 | 22 replies
If this PM cant operate to your standards, then it will be a constant source of conflict.
JD Martin
Don't get the big following around travel rewards on credit cards
4 July 2018 | 46 replies
I used to love airline travel (25 years ago) but the way the airlines operate now I don't fly unless there just isn't any other feasible way to go.
Jon Peterson
Experience with buying "Occupied" homes from Auction sites?
20 April 2018 | 8 replies
If they resist show up with all proof of ownership with you, put them out, change the locks, load everything quickly onto a trailer and take it to a storage facility.
Arturo S Pena
How to proceed with a HELOC that was invested on a restaurant?
16 April 2018 | 0 replies
I can say they put a $140k HELOC on the restaurant and pulling out is costing them, as the new operator's bid is 60k.
Matt McKinney
How do you finance a big deal?
18 April 2018 | 4 replies
I would set up an llc and create an operating agreement and go fund it.
William Murden
start with Self storage
18 April 2018 | 8 replies
@Scott Meyers is a good place to start when looking for advice on Self Storage. 130 units is pretty small but if you can automate as much of the operations as possible it might be doable.
John Jones
Filing for Depreciation will be a costly mistake for me atm? 24h
17 April 2018 | 9 replies
Assuming that his annual depreciation brings his Net Operating Income (NOI) to $0.00 each year, Dave saves $491 annually (0.15 x $3,723).
Ylvi Buza
How to buy 60% of Controlling Shares in Co-Op?
16 April 2018 | 1 reply
This will give you an insight about what’s allowed and what isn’t, how the board operates, what goes on at the board meeting, etc.
Jeremy Kuchenbecker
First Commercial Deal - Structuring a Fund
17 April 2018 | 7 replies
This would be a private security and you would need a PPM, operating agreement, subscription agreement, and investor suitability questionnaire at minimum.