Pete Storseth
Best way to get started
25 February 2020 | 3 replies
I want to pick one of three ways to get into buy and hold, seller finance, and fulfill my big picture goals.My niche will be BRRRR with the intent of finding tenants open to buying via owner finance at some point, in order to get out if full time landlording multiple properties, but still have cash flow.
Marcus Auerbach
Will student loan debt impact housing?
25 February 2020 | 4 replies
It's incredibly shortsighted to depend on the government to fulfill their side of that bargain.I absolutely believe that student loan debt combined with millennial behavior in general (less desire to settle in one place permanently, more job-hopping, greater focus on experiences rather than material possessions) will impact the housing market.
Rudy Tate
What do you think of Fundrise app
1 April 2020 | 4 replies
@Rudy TateI just got this from fundrise:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.
Renzo D.
Occupancy Requirements for IRRRL
14 August 2020 | 7 replies
If there is a "reason" that you feel you can't fulfill that one year, then you would be able to purchase another property.
Justin Gottuso
How to sell a unique property (ADU duplex in Los Angeles)
21 March 2020 | 42 replies
Different properties fulfill different purposes within the portfolio, so I can't say which one is best yet or at least until they are sold.
Laura Sullivan
Advice on handling an unfulfilled plumber’s contract
4 March 2020 | 4 replies
I was going to reach out one last time and give him an ultimatum to fulfill the terms of the contract or provide me with a partial refund to hire someone else to remove them.
Peter Wong
My Investment Plan - Need your opinion
5 March 2020 | 5 replies
Each step will also have criteria that the previous step must fulfill in order to move forward.
Matt B.
Coronavirus and student rental?
19 March 2020 | 13 replies
My thought is they signed a contract and must fulfill it but this doesn't mean it will be painless.
Jon Abadia
Third time doing inspection on a "turnkey house"
17 March 2020 | 20 replies
Once they fulfill that first step according to the offer, meaning signing it and returning it to you in the required amount of time, then you and the seller have a binding contract.
Christopher Wilchensky
Investing in Fundrise / other similar areas
1 April 2020 | 2 replies
I requested a Redemption of my funds from fundrise back in January and they won't release them.Here is what they said:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.