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24 December 2024 | 2 replies
Hello everyone! my business has currently done 1 flip and we are wondering how much we should take from the profit? For all the flippers out there what do your percentages look like. Also are there any accountants tha...
13 January 2025 | 21 replies
I still think developing good relationships with brokers is the best way and will get you the best results quicker than going direct to seller.
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6 January 2025 | 0 replies
A Surge in SupplyCharlotte’s rental market saw a notable influx of new units in late 2024, with several large developments hitting the market simultaneously.
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6 January 2025 | 8 replies
In most of Raleigh city limits specifically, the lack of room to build new construction developments has stirred the folks in zoning.
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6 January 2025 | 3 replies
Any investor or developer buy raw land lot (zoning code G) and go through the process with the city to convert to commercial use?
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11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
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6 January 2025 | 8 replies
I am a 23 year old who recently graduated from college with a business degree focusing on real estate finance and development.
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4 January 2025 | 26 replies
However they are missing out on all the revenue a property can generate.
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12 January 2025 | 6 replies
This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.
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2 January 2025 | 4 replies
Partnering with an experienced motel operator is a smart idea—it can help bridge the operational knowledge gap and mitigate risks.When evaluating motels, focus on metrics like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).