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20 February 2013 | 5 replies
As long as you left enough skin in the game for the buyer to be getting a good deal, I don't really feel like you should need to hide your profit from the end buyer.I have used a double closing before where I had a skiddish seller who didn't know I was flipping the property.
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31 March 2021 | 20 replies
Some will and some will not and some that will will want information on them as well due to you having no skin in the game they want to make sure that they know where the money is coming from and possibly have them as a guarantor as well on the loan.
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27 September 2018 | 14 replies
Age of the buildingCompetitive new supply - Quality Inn tends to be on the lower end of the market so you'll probably benefit from a rising tide, but older properties are severely impacted by new economy scale or midscale supply enters the marketNOI margin should be >30% - if it's not, your RevPAR is too low or operations are unnecessarily fatIt may be of benefit to align with a third-party operator that has some "skin-in-the-game," where you step into a joint venture limited partner role with major decision rightsThis is a very high-level list that doesn't account for location, seasonality, and other factors that may have a material impact on performance.
13 December 2019 | 11 replies
They have more skin in the game then you do.Make sure you get clear title.
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23 January 2019 | 6 replies
@Sam OwensSince you are a first time investor, I would suggest assigning the property "as is" instead of undertaking a rehab.Unless you have funds on your own or you personally know people with money, it will be hard to get money, even from private lenders, unless you are willing and able to put some "skin in the game" (money down.)You build up your experience and resume as an investor by doing a few wholesaling or assignment deals to start with.Also don't second guess what potential buyers would be willing to pay for the property.
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7 April 2018 | 5 replies
Just curious to see how your process went, looks like there will be skin in the game for the next Investor.
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25 April 2022 | 5 replies
I welcome any and all feedback (I have tough skin ;).Thank you!
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29 April 2020 | 5 replies
I've got skin in the game now I think I might just be overthinking the situation a bit.
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10 February 2020 | 2 replies
They have more skin in the game then you do.Make sure you get clear title.
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11 July 2020 | 1 reply
In the last about 7 years, I've read about 150 books about real estate investing, sales, and business management.I've talked to many lender in the last year and they tend to want experience and skin in the game I have talked to banks, private money lenders, and hard money lenders and they tended to like experience and your cash on hand.