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16 April 2024 | 12 replies
Including a realtor, contractor, and a lender.
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15 April 2024 | 0 replies
I have heard of a few different ways to do this including the waterfall method where the investor receives 75% until their investment is returned and then move into 50/50.
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15 April 2024 | 2 replies
I have 2 small commercial office buildings in one LLC with multiple partners including myself.
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15 April 2024 | 35 replies
It's time for all of us, including me, to go to work sourcing opportunities.
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15 April 2024 | 5 replies
Vinny - I would say that if you're next deal will be a BRRRR you have a couple options for finding the funding, including: 1) Taking a HELOC on your primary house assuming that when you refinance you'll payoff the HELOC, 2) You can also use a loan from someone else like a private lender (friends/family) in which you pay them 10-12% for the use of their funds, OR, 3) You can use a hard money lender in which the rates are a bit higher and there will be some points added as well.
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14 April 2024 | 15 replies
Anyone can feel free to email me for recommendations.
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15 April 2024 | 1 reply
These are going to be included in our full local real estate developer course that we are targeting a launch of in July 2024.
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15 April 2024 | 2 replies
It includes everything from call management to analytics and monitoring.
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16 April 2024 | 10 replies
It's important to be aware of the risks involved, including unfamiliarity with the market and potential travel costs.
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15 April 2024 | 9 replies
.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!