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23 December 2024 | 5 replies
Any good commercial broker is going to trim the expenses down by 10-20% from what they will be for me when I operate the deal.
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23 December 2024 | 3 replies
There is a lot of inventory in Jersey City, so compared to the rest of the state, there are opportunities there for good STR operators.
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27 December 2024 | 34 replies
And we were operating at scale, so we had the luxury of riding a float for such.
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26 December 2024 | 6 replies
A clear operating agreement from the start is key to keeping on the same page.
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30 December 2024 | 819 replies
Missy is one of the top 10 turnkey operators in the US..
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22 December 2024 | 7 replies
I know if I were to send an operating agreement to a lender that reads "LP member will receive return of their capital and 20% annualized return" they would not approve the loan.
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22 January 2025 | 203 replies
Minneapolis is operating at about 50% PD staffing now due to the collective stupidity.
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24 December 2024 | 5 replies
My point is even some experienced operators doing more extensive/sophisticated value adds are struggling in this market.
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24 December 2024 | 9 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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21 December 2024 | 10 replies
Alt lenders will normally be higher on fees, rate and perhaps leverage at time of close but that's not always indicative of cash required to operate.