
14 July 2024 | 11 replies
Speak to them about their experiences and satisfaction with the firm.Look for testimonials or case studies that demonstrate successful investments and positive investor experiences.Evaluate Transparency and Communication:Assess how transparent the firm is about their operations, fees, and processes.Ensure they provide clear and regular communication about your investments, including updates on loan performance and any issues that arise.Analyze Risk Management Practices:Understand how the firm manages risk.

16 July 2024 | 21 replies
Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.

16 July 2024 | 1 reply
They are leased out.It is zoned R-2 which allows for Multifamily which is defined broadly in the Definitions sections of the General Plan as "Dwelling, Multi-Family - A building containing three (3) or more dwelling units.

16 July 2024 | 0 replies
Purchase price: $250,000 Sale price: $349,900 We provided a loan for a new construction project in Palm Bay, FL, with one of the biggest build booms.

13 July 2024 | 20 replies
There are many syndicators that had built a reputation for having executed business plans, very communicative, and accountable.

14 July 2024 | 4 replies
Let the tenants know going forward all communication should go through your attorney.The other option is to get a property manager involved as well, but at this point i would go right to an attorney.

16 July 2024 | 6 replies
Now just want to build assets and other income for retirement.

17 July 2024 | 37 replies
Listen to @Dave Foster and 1031 those two buildings into a multi-family building.

16 July 2024 | 1 reply
An engineer can help ensure that the conversion meets all current building codes and safety standards for residential living spaces.4.

16 July 2024 | 34 replies
I imagine myself getting into more rehab intensive (possibly even BRRRR) projects as I build my portfolio and experience!