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1 December 2024 | 91 replies
Only tech and big business with cash can survive.i am actually still bullish to syndication but only for niche selective asset class like warehouse or self storage, as common industrial trends are going towards more consolidation of business.... and their IRR is still 20-30% conservatively.But yea in MF there's no creativity, they are selling the same Kentucky Fried Chicken,Alabama fried chicken, with almost no creativity and no innovation.In general I think we could hold that true of the lack of innovation business wide the last many years. ai is a great example.
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23 November 2024 | 4 replies
Quote from @Tessa Tsui: Software is a common question on BiggerPockets.
22 November 2024 | 2 replies
For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.
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26 November 2024 | 9 replies
If you have any additional tips or resources on setting this up or ways to avoid the common pitfalls in this field, I’d be grateful to hear them.Thank you for offering to share a step-by-step blueprint—it’s exactly the kind of actionable guidance I’m looking for to make sure I approach wholesaling the right way!
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24 November 2024 | 7 replies
You’re making one of the most common—and biggest—mistakes most wholesalers make.If you need to ask, “Is wholesaling still a thing?”
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25 November 2024 | 10 replies
Great question and a common one that many face!
22 November 2024 | 3 replies
Hi Conner, this is very common with MTRs.
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21 November 2024 | 10 replies
All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?
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22 November 2024 | 12 replies
This is a common enough problem that we have built a lease break fee into our lease.
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21 November 2024 | 11 replies
Super common in Chicago.