When buying a laundromat, it’s crucial to evaluate the financials carefully.

Nicholas, When vetting a syndication, every investor will do it differently because every investor has a different risk tolerance, comes from a different financial situation and has different financial goals.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

Just $800 today for the dozer totally stepped up the view of this property.  

It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.

Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home I do want to also add that my banker who is the VP of lending and branch manager has been banking me for 30 years..WE have been through all he ups and downs including the GFC were I got almost totally wiped out financially..

I want to ask ya'll seasoned investors if you were starting out today where would you start investing with all the experience and knowledge you have now?

You can shift your perspective to enjoy what you're doing, yet reap the long term rewards by planting the seeds today. 

You're doing a great thing for your financial future.

Prioritize your financial stability.