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11 June 2024 | 9 replies
we just bought an underpriced piece of land that was unentitled and had high upside in Franklinton in Columbus Ohio. a non profit owned a plot 4x the size an Called us only after our project was announced and asked If we'd buy their site. we gave them 4 different ways they could work with us and their realtor wasn't experienced enough and neither was their director of finance. the bought it to put a food pantry and couldn't because they can't develop. it's a mistake on their part to purchase land like this. their funds should have been used for other reasons.
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10 June 2024 | 8 replies
An individual employed by a business entity means a person employed and directly compensated by the business entity.
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12 June 2024 | 16 replies
I understand that working with professionals decreases the likeliehood of this happening (and this person is a corporate America professional) but thought I'd get some insight from this very well versed community!
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11 June 2024 | 0 replies
The type of business engagement and the level of interest in the counterparty or its assets influence the goals of a due diligence inquiry.For instance, a cordial agreement between a potential buyer and an experienced seller could provide the groundwork for a long-term alliance, whereas a hostile asset sale during bankruptcy would call for a different strategy.
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12 June 2024 | 4 replies
I ask them to call me at the phone number of the person that sent me an SMS just before them.
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9 June 2024 | 9 replies
If you don't have a track record and are looking for capital from private investors, you might want to consider partnering with a more experienced operator for your first few deals.
10 June 2024 | 3 replies
These all seem like promising areas, but I'd love some insights from experienced investors on specific zip codes within these areas that might be particularly strong for rentals.
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10 June 2024 | 11 replies
Like many markets throughout the United States, both Albuquerque and Santa Fe have experienced a noticeable jump in real estate prices during the last couple of years, more than normal.
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10 June 2024 | 6 replies
I always knew that our economy experienced market cycles, but I never realized these market cycles could vary by asset class and location.
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13 June 2024 | 4 replies
Give up some of your personal comfort to increase earnings so you can pay to maintain the gift your mother gave you.6.