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2 June 2024 | 6 replies
Has anyone had experience with this process in Jersey City?
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2 June 2024 | 2 replies
I hope to learn from someone who can share their experience on here.
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3 June 2024 | 2 replies
These experiences highlighted the importance of strategic
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3 June 2024 | 56 replies
I recently paid $50K for access to a “tribe” where I, as a complete newb with no relevant industry experience at all, was taught to stand up a webpage touting the benefits of multifamily and then come and start posting here.I was taught to attempt to attract money from people like you who have recently come into a large pile of wealth and have no plan whatsoever.What I will do is take your money, and give it to this random other person in my $50K mentorship program who also has basically no experience raising and deploying capital.When I give them $100K I have raised from you, I will be given a 10% finders fee of $10K.
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3 June 2024 | 7 replies
And consider that if they had put the money in a good MM, they would be getting 5+% right nowThank you Sheryl for sharing the detailed experience!
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31 May 2024 | 6 replies
I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.
2 June 2024 | 2 replies
Both of which treated us and our guests as promised, and in-keeping with the same policies we held with Evolve. 8)Both VRBO and Airbnb have always held quality of experience and safety FIRST, however Evolve "pimpish" practices are simple out for the quick and easy buck despite putting owners, their properties and, respectful guests at risk.9) With Evolve all you get is shoddy, wide net marketing without any vetting.
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3 June 2024 | 5 replies
What I did have was some knowledge, a little bit of experience, a business education, and what used to be called “common sense”.
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2 June 2024 | 8 replies
If you have experience or knowledge in setting up nonprofits, working with government housing programs, or structuring Multiple Owner LLCs, your input would be invaluable.Thank you for taking the time to read this, and I am open to further discussions to refine our approach and make this initiative a reality.
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2 June 2024 | 18 replies
Let me know if my experience can be of any help to you.