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20 March 2018 | 22 replies
But I can't fathom any way of securing certainty that said buyer would not be outbidded by someone else, at which point the opportunity of course would be gone.I've looked into a few other approaches, such as Short Payoff, and about to seriously look into bankruptcy.My Goal:Structure a deal that would allow me to comfortably situate my mother, and launch my own investment profile.This is a very hot neighborhood, and most of the brokers and investors I've been talking to keep PROMISING that this would be a piece of cake.
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27 March 2018 | 2 replies
It can also lead to abuse by tenants and neglect of properties by landlords, as there's no incentive to improve housing.If anyone doesn't know yet there's a major push for rent controls in cities across California and even at the state level (AB1506 trying to spread it to SFRs and condominiums).
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26 March 2018 | 1 reply
I am looking to buy a potential 2/2 condominium unit.
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29 March 2018 | 13 replies
Plan to presale 70% of 400 commercial condominium units prior to construction to gross $150MM, just like we did in the previous similar project.The only missing piece is to have a JV or investor willing to show prove of funds needed to process construction loan, around 25 to 30%.
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28 March 2018 | 0 replies
I am closing my first deal since launching my new business in February!!
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2 April 2018 | 4 replies
I am closing my first deal since launching my new business in February and it has a really great spread!!
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28 March 2018 | 1 reply
I am trying to do underwriting of a group of condominiums that are for sale.
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30 March 2018 | 16 replies
When the event happens, scaling to the point of leaving the day job to managing a decent portfolio of buy hold rentals for consistent passive income.My current line of work is in the coffee industry, managing and developing teams globally for a specialty coffee company and more or less living on the road as I help launch cafes from New York to Kyoto.
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11 April 2018 | 73 replies
As a kid in the 60s and early 70s, I launched rockets and the boosters had parachutes for recovery.
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7 May 2018 | 11 replies
I think regional sites are becoming more popular.When the service fee was launched I experimented and listed my properties on several other sites, some paid and some free.