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28 February 2025 | 35 replies
one strange thing I notice is, but I am not sure if this is a standard practice in ohioI found out my initial appraisal result and revaluation result through my real estate agent, not my mortgage broker. which seems strange to me at the time but I did not question myself hard thinking they are doing their best to close this deal quick.When my agent called me to discuss the initial appraisal result, I told him to share the result with the seller, he said the seller already knew.
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19 February 2025 | 32 replies
You are definitely right that it's hard to find good deals these days -- needle in the haystack for sure!
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22 January 2025 | 22 replies
It may be hard to hear/read, but let's separate the emotion from the facts.This makes sense on why you're so offended.
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5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
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28 January 2025 | 42 replies
How hard or easy is to get zoning approval for a new assisted living or senior housing project?
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20 January 2025 | 5 replies
I don't work in Nashville area but $165 per sq ft seems quite low to me.In terms of financing, I would speak with a few construction lenders and also hard money lenders.
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20 January 2025 | 6 replies
I’m told taxes and insurance is lot and will rise each year and cash flow is hard to come by.
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31 January 2025 | 24 replies
I find it hard to believe there won't be access to some kind of REI meet up somewhere around most anyone these days.I would suggest going to as many REI meet ups as possible.
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22 January 2025 | 12 replies
When will the government wonks realize it is hard to force the free market to solve a problem they helped create?
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29 January 2025 | 24 replies
Kind of hard to tell them to match or I go to the other bank when they are getting messages from the seller and escrow daily that we need to close ASAP.I can't actually push it off for too long since I don't know when the second bank will close and we removed contingencies a month ago.Signed with the first lender and had to swallow the points.Learned some interesting lessons along the way.