Olu Efunwoye
New to MF investment, coach wants 50/50 profit split. Should I do it?
3 May 2024 | 11 replies
I am in talks with a reputable company that signs up proteges in commercial RE, but I am struggling a bit with their terms: the sign-up fee ranges from $10k - $40k, and a definite 50/50 profit split up to $1M mark, meaning the individual gets up to $500k, which could come from cash flow, cashout refi, sale, etc.
Taylor Hendrix
Turn Key Storage Investing with management
3 May 2024 | 1 reply
The turn-key model works well for me as I am a full time CPA working at a large tech company in the SF Bay Area.
Amit M.
How to expense/write off a huge water bill
2 May 2024 | 5 replies
First, contact the water company about the leak.
Bryan Hartlen
Any RECENT experience with Spartan Invest (2022 or later?)
3 May 2024 | 7 replies
I did some marketing work with them on HoltonWiseTV a few years ago, pretty legit company.
Angu Krishna
23% management fee
3 May 2024 | 11 replies
If this is a long term unfurnished rental then find another property management company with rates you're ok with.
Alicia Cho
Plungie - Installing precast pool in Austin?
2 May 2024 | 3 replies
I've never heard of this company before but want to check into it further.
Isabella Johnstun
Estimating rehab costs for BRRRR in San Antonio
3 May 2024 | 12 replies
We do everything, gut-job remodels, new construction, and lots of service repairs for property management companies.
Abhishek Sahni
Getting started with Commercial real estate investing
3 May 2024 | 12 replies
It took the company about 15 yrs of being around and building their portfolio before the two principals of the company were able to remove themselves from all personal guarantees and get to purely non-recourse debt with bad boy carveouts.When looking at MF loans, you can often find non-recourse debt on acquisition financing as low as about $1mm loan balance, even with no real experience (granted, you will need an experienced management company lined up and personal financial statements showing a net worth equal to loan balance, but you are not putting your personal financials at risk like many commercial loans).
Derrick Lind
Tax deed auction in CA
2 May 2024 | 12 replies
I’ve heard people getting title companies to do free ones for them.
Bj Meadows
Does anyone really have luck with Subto?
2 May 2024 | 7 replies
I'm sure that is true, because most mortgage companies aren't going to go searching for issues when there aren't problems - but in the truest sense of the word this is loan fraud and I'm just not up for it in my portfolio.I did hear from a friend of a friend type that she was able to close a subto with a small local bank somewhere in Georgia (property was also located there) because of a long standing relationship with the bank.