Many of these were part of our early access program and received information on the project before the webinar, but overall because people know we sell out right away they submit their soft commit, and then do their due diligence before wiring their money.

On that scale we have a range of properties in our portfolio, even though I have started to trade out properties from the lower end back in 2014/2015, and some cashflow a little better - however, when you look at the total financial picture there is a lot more than cash flow: obviously appreciation, but also principal pay down, turn over rate and soft factors like tenant quality and with that turnover cost.RE's primary superpower is equity, cash flow is secondary.

They typically do a soft pull close to the closing date to ensure there are no new debts or significant changes in your credit profile.

Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.

I also reduced a lot of the soft expenses (office, accounting/legal).

Banks do not tell you when they report your transactions as suspicious to the government.Many transactions over about $9500 ($10,000 is a soft cutoff. 

There are other soft roles that listing agents perform, but those could be done a la carte on an hourly basis beyond the five or 10 hours included in the 0.6% rate.You're kidding, right?

Really fun activity but also requires alot of energy and meditation to determine the right kind of structure to grace the land and also frame the view of the soft prairie slopes.So I travelled to Sedona I didn't buy property there I wish I had that kind of wealth haha.

Soft Costs and Professional Fees - Could you share insights on budgeting for architects, engineers, project managers, and legal fees?

Develop an extensive email list of “interested parties” and periodically contact them with “soft advertising”.4.