Michael Benanti
DealCheck app? Good or bad?
2 January 2025 | 32 replies
I've used to it myself to analyze all of the 35 units I bought over the last few years and personally talked to 100's of other investors who've analyzed and closed on great deals using it.I'd love for you to actually try it and would be happy to receive and incorporate any feedback you have into future releases.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
I was under contract for a property, and the financing fell through due to the property not meeting the lenders requirements and not being sufficient.The seller is trying to keep the EMD as I have signed and requested the mutual release.
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
The local/ state etc (governing body) may not just "give you" one.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
Not much has been released about the land that this new park was traded for, but even if that information was out there, not being a developer myself I'm not sure how to quantify if the developer got a "fair" or a "good" deal yup very common.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Experts say it can be risky for an investment fund to operate this way, since it may require ever more participants to be brought on board, rather than making money from its business.More than 60% of RAD’s operating expenses in 2020, the most recent period for which the company has released audited financial information, consisted of asset-management fees and other payments to a separate company owned by Mendenhall and other RAD executives called RAD Management LLC, according to an analysis of the financial data.Those fees and payments amounted to more than $730,000 that year, RAD said.ADVERTISEMENT“We have limited operating capital, few significant assets and limited revenue from operations,” RAD wrote in the January document, which sought to raise up to about $58 million in new funds, for a total of $75 million of company shares.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
Maybe they've been burned by landlords in the past and are being very careful.You can legally reject them based on personality, facial tattoos, body odor, or other factors, but you better make sure you can prove that it wasn't based on any protected class like race, religion, familial status, etc.
Ashley Kehr
Santa brought you all Downloadables!
25 December 2024 | 1 reply
Make sure to subscribe so you get alerted when new downloads are released!
Michael Palmer
Reasonable Construction Loan Terms
21 December 2024 | 10 replies
Some lenders charge 5% released upon C/O, others release once that particular line item is approved by local inspection agency.
John Hickey
Long term BRRR in Bed Stuy Brooklyn, NYC John Hickey
28 January 2025 | 71 replies
Non paying tenants(as a newbie I did no screening), dead tenants, Silly fines from the city for nothing, attempted robberies where I ended up with the cops pulled guns on me. 30 recently released convicts as neighbors for a while, a jacked up 7' tall transvestite call girl/drug dealer was my least favorite neighbor.
Kelly Taylor
Recommendations for a Self-directed Roth IRA Custodian - Equity Trust anyone?
6 January 2025 | 11 replies
@Kelly Taylor If you are going to invest more in RE, wait until you have released losses to do the Roth conversion.