As long as I provide clean, safe, habitable housing, I don’t have to worry about slum lords, because their tenants wind up being my tenants and if similar competition becomes an issue, than it’s up to me to either adjust my rents or provide better amenities, but as long as I have that control, I don’t have to worry about outside forces affecting my operations, which brings up another great quote by Sir Isaac Newton after he lost money in the South Sea Bubble, “I can calculate the movement of the stars, but not the madness of men.”The other reasons real estate is a superior investment is because I can get a loan from my banker to help me purchase real estate.

My opinion is that if you are not well educated on the risks, rewards, and strategies, stay away from anything adjustable.

Unfortunately a lot of my accounts made it more difficult for them to access the accounts so it's mostly done manually in excel by me.Real estate values are usually adjusted annually and then only what I think the stabilized value is.Cash is generally ballparked and adjusted annually.  

My lender is offering a commercial loan at...4.25% with a five year fixed rate with a 20 year amortization and a 20 year term.Just to confirm, this means the loan can have the rate adjusted in 5 years - does this mean they will defiantly adjust the rate or just that they have the option.Thanks

(My adjusted basis is about $98,000 right now)Thanks for any help!

(My adjusted basis is about $98,000 right now)Thanks for any help!

Possibly just stay in it for 5 years and maximizing the opportunity of using a 5 year adjustable interest rate to keep me honest.

I'm not sure a $2200 rental is easy in Norfolk, so I understand the reduced rent, but a good property manager can show you comparable current rents for the neighborhood, and it helps if you are not on the top end of the scale, so ask for actual comparable rents at turnovers and adjust accordingly in the future.  

If you're not hitting your goal, then you need to adjust your offer price until it makes sense financially.

Hello Joe,To answer your question regarding Crowdfunding, I can't completely speak on behalf of the entire company as I would leave that up to our CEO, Mark Filler but relative to my personal business at Jordan Capital I haven't seen the need to adjust my business approach or model as this type of a transaction is a relatively small percentage of the RE investment financing pie.