16 March 2024 | 3 replies
CA for instance has hundreds of thousands of paper lots that were created between about 1900 and 1935. these paper lots get sold at tax sale all the time and its where a lot of the land geek type of players toil.
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15 March 2024 | 20 replies
Secondly, purchase RV parks and convert them to mid and longterm renters while drastically trimming any resort type op ex costs.
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19 March 2024 | 323 replies
In terms of how I like to split up the business, here are a few rules I like to follow:- Only give away equity as a last resort.
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14 March 2024 | 5 replies
Expect financing anywhere from 80-90% of Purchase, 100% of rehab (funded in draws), up to 85-90% LTC.Your best bet is getting it in front of a number of lenders efficiently to see who all the 'real players' are for you in this scenario.
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16 March 2024 | 58 replies
It used to be that if you found a 6-figure job in a college or resort town, instead of having to live in a big city, you had basically cracked the code of life and lived a very comfortably.
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13 March 2024 | 2 replies
The entire property & casualty market is a mess at the moment with carriers being unprofitable across the board and many becoming insolvent or shutting down in states where they were least profitable and/or were not allowed to take the rate increases they were asking for (rate increases have to be approved by each states dept of insurance they don't just get to jack the rates up because they want to)If you are in a REIA reach out to some of the players there and see who they recommend.
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15 March 2024 | 43 replies
But, I can imagine that many long term players are totally frustrated.
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13 March 2024 | 26 replies
We also discuss all the key players you'll need to create your virtual team because private lending is a team sport.
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11 March 2024 | 3 replies
Thoughts on investing in a STR in Reunion Resort in Orlando, Fl?
14 March 2024 | 60 replies
Really interesting to hear different viewpoints and the unfortunate challenges that face the PM community players.