Tommy Adeoye
Shaping proptech innovation through your input
15 March 2024 | 3 replies
While there's no shortage of options out there,as you mentioned, such as PropStream, DealCheck, REI Simpli, and Podio, the aim is to stand out by honing in on what really matters to investors: ROI, value, performance, efficiency, and possibly price.Expanding on what matters as outlined earlier, here are my assumptions regarding what investors might require if I were to launch a product today:User-Friendly Experience: A platform that feels like second nature to real estate investors, with intuitive design and features that make life easier.All-in-One Solutions: A toolbox stacked with everything necessary for successful investing—from finding leads to analyzing deals and managing properties.Seamless Integration: Make workflow smoother by seamlessly connecting with other essential tools and platforms you rely on.Insightful Analytics: Next-level decision-making with advanced analytics and data visualization that help you optimize investment strategies.Now, the challenge lies in the fact that every investor is unique, and the features might be excessive if they don't offer genuine value.
Yoav Thomas Lawrence
Yoav Thomas Lawrence - happy to be here!
14 March 2024 | 4 replies
Whether you’re an investor, a seasoned pro, or just someone who knows the Cincinnati scene inside out, I’d love to connect and see how we can team up to crush it together.I’m especially keen to link up with inspectors, contractors, agents, and anyone else who’s got the skills and integrity to bring to the table.
Tony Pellettieri
Providing insurance coverage for Business Employees
13 March 2024 | 4 replies
We've decided to scale back on acquisitions and have started scouting out talent to add to our team to be better prepared for what's to come.While we believe we could greatly benefit from bringing on an Integrator, project manager, and construction manager as soon as possible, we are looking at cost/benefit for our first hire.
Ahmed Habib
What is best strategy to close first few wholesale deals?
13 March 2024 | 6 replies
Members on the board with integrity… but on the boards…there are also sharks… a friends/associates of sharks.Do I have absolutely proof?
Tony Pellettieri
Time to rent office space?
13 March 2024 | 2 replies
We've decided to scale back on acquisitions and have started scouting out talent to add to our team to be better prepared for what's to come.While interviewing a potential new company Integrator yesterday, he asked if we had an office space.
Vasudha Chaudhary
Lehigh Acres - Renttoretirement (RTR) projections were a scam
13 March 2024 | 8 replies
Along with supply demand which is an integral component of real estate investing ..
Tony Pellettieri
Preparing to hire out 1st team member / Interested in offering Health Insurance
13 March 2024 | 0 replies
We've decided to scale back on acquisitions and have started scouting out talent to add to our team to be better prepared for what's to come.While we believe we could greatly benefit from bringing on an Integrator, project manager, and construction manager as soon as possible, we are looking at cost/benefit for our first hire.
Jenny Milu
Evaluating Syndication Questions
13 March 2024 | 7 replies
It is amazing to me how many people will trust their hard earned money with someone that was in middle or high school during the financial crisis.Beyond this initial search:Experiencetrack recordBusiness PlanAsset typeProjected returnsFinancial StructuresRights and remedies in legal docsRedemption rightsSupplemental Capital CallsOperations capabilitiesOwner/Operator or capital raiser for othersK-1 TimingUse of bonus and accelerated depreciation1031 optionsVertically integrated or outsourcedExperience of team through multiple market cyclesBackground, if any, prior to real estate and syndicationProjected returns net or gross of fees and carrySeeing full financials of current deals with budget vs actuals (if syndicator does not share, or only shares P&L delete their contact)Color on deals that went sideways or lost money and whyMarket analysisColor on why they like that dealRisks of the deal, as they see themDo they have third party audits, ideally from one of big 4 firmsAre they a fund or single asset?
Mel Park
Do Rehabbers buy expensive houses?
12 March 2024 | 41 replies
If not financable, this would likely eliminate qualified buyers and drive the pricing down.I've certainly come across plenty of wholesalers who conduct their business with the same integrity as a good sales agent.
Lucy McDonald
Branson, MO vacation rentals - advice, property management, etc
11 March 2024 | 27 replies
A lot of Property Management Systems don't fully integrate with all of those sites and the ones that do typically require you have the least five properties in your portfolio to upload.