
29 May 2024 | 21 replies
Open to loans but only if we net 10k a month after mortgage payments With 2 million dollars you could solely fund one of our ground up development deals at 15% down on a 50,000 sq ft building which we put about 70 units in on non recourse debt for land we already have locked up and entitled. don't buy and hold, don't listen to any of the 20 agents from columbus here who try to sell deals that are garbage. if buy and hold was the answer you'd see massive capital pools in columbus buying deals up. that was the model in 2014. all of the value creation is from ground up development partnerships. we can build with land cost below 65% of finished asset value on lease up and you can have no risk into the deal. the deal I'm talking about is a 12 story deal that we are working on. in columbus you can get downtown land for $400k that is about 0.22 acres right now with unlimited height and unlimited floor area ratios and build massive equity from joint partnerships.

31 May 2024 | 14 replies
ground up multifamily and single family in the urban core of columbus is what we are in, land entitlement and development in columbus.

31 May 2024 | 25 replies
Sure, I've scoured Zillow like it's my job (which, let's face it, it sort of is), but the only properties I find are nestled snugly in the heart of the Midwest, a land as foreign to me as quantum physics.

29 May 2024 | 6 replies
Depending on ARV, you'd want to make sure you can hit a $75-$100k loan amount for the refinance, so you'd take 75% of the ARV and see where you land.

31 May 2024 | 1 reply
Pending sales are a forward-looking indicator of home sales based on contract signings.

27 May 2024 | 5 replies
It's really hard to get insurance under the land trust for rental properties in California.

31 May 2024 | 11 replies
So, if your contract is based on a calendar month, you giving notice in mid-June would then legally be effective at the end of July.Do you have tenant contact info?

31 May 2024 | 5 replies
I would evaluate the decision to add a balcony based on economics and the ability to attract good tenants alone.

31 May 2024 | 15 replies
In the beginning stages of organizing a Schaumburg based meet up.