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20 July 2024 | 29 replies
Rates good in increments of 15 and 30 days.high six to low nine is correct for 30 year fixed DSCRNo: syndications, property needs work to rent, ARV, cap rate doesn't matter, no STR rents, no bad credit history such as modification or covid excuse... and a list of outs.The number of players decreased and their rules continue tightening, though rates are better than a month ago.
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22 July 2024 | 38 replies
PM’s like you love to talk about Transparency and integrity but are just the opposite and are more smoke and mirrors than anything worthy.More than likely you haven’t even placed a section 8 tenant in years nevermind appealed, disputed or challenged the section 8 rent that was initially approved in order to get even higher section 8 rent and maximize the rent as we do with many of our properties and those properties we deliver to our clients.I really dont even have anymore time for this with players like you but what I do know is what we are delivering to our clients as well as our section 8 tenants day in and day out, case in by case out, and the one thing we realized a long time ago is that every case is unique and there are always exceptions with the right checks and balances.
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17 July 2024 | 10 replies
Think Chase, Wells, US Bank, Key, and Everbank - plus any regional players in your market active in the multifamily space.If you're looking for a value-add rehab / bridge loan - try both bank/cu's and private capital / hard money lenders.
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18 July 2024 | 13 replies
Quote from @Gabe Chase: Quote from @Sarah Kensinger: Indy is actually a rather popular city for guests looking to staying at a STR.
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19 July 2024 | 9 replies
.$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.
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19 July 2024 | 35 replies
Just call him, all that you want to know in the questions above he can answer for you.He is incredibly nice, but nonsense, he is ex military (navy if I remember correctly).He is not a hard sell kind of guy, in his estimation you either want to invest or you don't so he is not going to chase or pester you.
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18 July 2024 | 11 replies
This definitely sounds like a case where you will get no money back if you have to chase it.
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17 July 2024 | 3 replies
It will be MORE work for a PMC to allow you to collect rents, but monitor tenant payments to chase nonpaying tenants.
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17 July 2024 | 4 replies
@Julia Taylor, Chase, Wells Fargo and Bank of America.
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17 July 2024 | 5 replies
The numbers noted are from the mid 80's when Nolan Ryan I believe became the first baseball player to make $1M.