
15 March 2024 | 31 replies
While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

12 March 2024 | 1 reply
We are now hiring contractors as we seek ways to secure reliable professionals.

13 March 2024 | 7 replies
It is amazing to me how many people will trust their hard earned money with someone that was in middle or high school during the financial crisis.Beyond this initial search:Experiencetrack recordBusiness PlanAsset typeProjected returnsFinancial StructuresRights and remedies in legal docsRedemption rightsSupplemental Capital CallsOperations capabilitiesOwner/Operator or capital raiser for othersK-1 TimingUse of bonus and accelerated depreciation1031 optionsVertically integrated or outsourcedExperience of team through multiple market cyclesBackground, if any, prior to real estate and syndicationProjected returns net or gross of fees and carrySeeing full financials of current deals with budget vs actuals (if syndicator does not share, or only shares P&L delete their contact)Color on deals that went sideways or lost money and whyMarket analysisColor on why they like that dealRisks of the deal, as they see themDo they have third party audits, ideally from one of big 4 firmsAre they a fund or single asset?

13 March 2024 | 17 replies
I'm not aware of any law that requires you to hire a professional inspector.

12 March 2024 | 0 replies
We are now hiring contractors as we seek ways to secure reliable professionals.

12 March 2024 | 12 replies
I am a professional athlete and do not necessarily know which city I will be in next year.

13 March 2024 | 11 replies
There's a pretty steady pool of healthcare professionals coming to the area for 3 month contract work.
13 March 2024 | 2 replies
Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

12 March 2024 | 13 replies
Do you have real estate professional status?

13 March 2024 | 23 replies
And if you close on the property, you'll need insurance so that part is already done.Given said that, I just got a quote for a 14 unit apartment (2 buildings) for 14k Annual.