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1 December 2024 | 91 replies
It's ok for their NAV/price to go up or down because all risks and future implication has been documented properly.
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5 December 2024 | 15 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveš
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2 December 2024 | 4 replies
The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.
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3 December 2024 | 22 replies
And that you for bringing the proper spelling of Hazleton to my attention.Ā
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30 November 2024 | 4 replies
Approach them now about doing it, provide them the proper forms, and instructions on how to do it.Ā
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6 December 2024 | 12 replies
So from the start, I have had a tax guy in my corner who I thought would help ensure my taxes were done properly... or so I thought.Now jumping to the here and now, my tax guy is in the middle of my 2022 return and I have been asking him questions back and forth for weeks and making sure he has everything he needs from me.
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5 December 2024 | 15 replies
RCN Capital - Never used them, but seem to be legitĀ Roc Capital - Used them, be careful here, if you don't do your proper due diligence with the deal, you will end up with an unhappy borrower.
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25 November 2024 | 16 replies
If you're interested in adding real estate lends as another tool in your toolbox, these are the steps I've learned you should take to vet your borrower before looking at any of their opportunities!
Background checkCr...
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2 December 2024 | 2 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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7 December 2024 | 150 replies
You need to know your state laws and brokerage requirements so that you don't get into doing any brokerage activities unless you have the proper license.