Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
And you can also buy them when they're beaten down and underpriced due to market overreactions like currently, due to rapid rise in US 10yr rate.I've read and watched multiple Good Egg offerings and they are typical of many feeder funds and to be fair like many primary GP/syndicators as well for both taking on unnecessary risks and also charging confiscatory fees, as #1 they have no skin in the game and #2 they get a big cut up front whether project fails or not, find GPs that are investing >10-15% of their own cash into every deal.good luck and sorry this happenedlooks like they are a fund of funds setting up crowdfunding to invest in other offerings.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
PIf it didn't smell when the tenant moved in, and if the trap hasn't dried out from non-use (or even if it has), then the tenant probably caused the smell.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
28 January 2025 | 17 replies
Keep in mind, if you're not making money, they aren't either, so they have "skin in the game".
Gregory Banks
Basement crack repair estimates - who to trust?
1 January 2025 | 11 replies
Hi all, my LTR (Boston, built in the 1930's) has some cracks in the basement walls that I didn't think were too serious (owned for 10y, some water and flaking but mostly dry).
Tiarnan Gormley
Nearly 18 and need advice on REI while i'm away overseas!!!! HELP!!
25 January 2025 | 24 replies
To clarify another point @Tiarnan Gormley: I EMPHATICALLY disagree with any & all advice being given of: sit-tight..... wait..... be patient.... watch paint dry..... do nothing.....
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
The wrong chemistry, well, see what happens if you put a few drops of brake fluid into dry pool chlorine (actually, do not do this!).
Craig Parsons
Hot mess with a renter/squater how to get hew out ASAP
8 January 2025 | 20 replies
He can put the money into a savings account.Her excuse is that she had to pay off her student loans because I left her high and dry after our divorce.
Zach Howard
Financing options for non-US citizens
2 January 2025 | 21 replies
There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
Giving them skin in the game ensures they’re just as invested in success as you are.
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
There are many unqualified LOs, that are almost about to quit because their pipelines are so dry, that they will tell you anything to pull credit, order an appraisal, and switch terms on you at the very last minute.