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14 March 2024 | 0 replies
Location and simplicity of the remodel.
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14 March 2024 | 9 replies
They've been in business for over 25 years, specialize in working with investors like us and are located in the Greater Orlando area.
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14 March 2024 | 16 replies
We just chose decor that fit the idea of a nice lake house.Sometimes a place can just design itself based on location.
14 March 2024 | 3 replies
Consider factors like location, market trends, and the condition of the building itself when assessing its value.
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13 March 2024 | 4 replies
Looking to insure Mid Term Rental prior to listing and want to make sure I am covered fully.
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14 March 2024 | 2 replies
Another strategy but it’s something I’d be very careful with because I’ve heard of a lot of people being taken advantage of by unscrupulous contractors is to find a very low cost of entry location, think $5,000-$30,000 single family houses that need renovations and then rent them out.
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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?
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14 March 2024 | 50 replies
Tax rates are very high level, so you will want to adjust that as you pick a more specific location to model out.
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13 March 2024 | 5 replies
The city is so spread out that you can do well in multiple locations.
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13 March 2024 | 8 replies
As in prior to that, were you only doing 10-20 unit apts?