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27 February 2024 | 6 replies
I would generally say if more than 10% of your potential investors are going to be asking about it, it should be in the offering memo.That being said, I have seen one page word documents used to raise over $10mm and I have seen 40 page, full color with professional photos, etc.
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27 February 2024 | 12 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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26 February 2024 | 15 replies
It's definitely confusing when the potential cap rate after rent growth could drop the value so significantly.
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28 February 2024 | 24 replies
In it's original form it would potentially quadruple (yep - quadruple!)
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27 February 2024 | 8 replies
Together, you can carefully consider the financial aspects by comparing the potential income from renting to the costs of selling, including any repairs needed to make it more marketable.You may qualify for a conventional loan with a down payment as low as 3% to buy a new one.
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27 February 2024 | 14 replies
I'm considering furnishing every room to make the transition easier for tenants and to avoid potential damage during moves, especially considering the property's multiple stairs.However, since I don't yet have access to the property, there are limitations on what I can do.
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27 February 2024 | 2 replies
Given you probably have no standing, banning them from using the machines or (trying) to force them to buy clothes potentially opens you up for a lot of legal risks.
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27 February 2024 | 13 replies
Columbus is a vibrant market with potential for both growth and cash flow.
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26 February 2024 | 9 replies
It's important to thoroughly research the auction process and potential financing options before diving into purchasing the 6 unit building.
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27 February 2024 | 15 replies
I had some problems with the management company not advertising promotions at all and likely over-screening potential tenants.