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7 February 2025 | 4 replies
Working in a busy property management company, I'm often asked for advice on camera and alarm systems, and in rougher neighborhoods sometimes it can be a toss-up on whether to keep a property boarded-up between showings.
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22 February 2025 | 11 replies
Does anyone know if Stessa is going out of business?
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25 February 2025 | 21 replies
(Getting a PE involved in requesting and certifying foundation work wasn't cheap!)
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29 January 2025 | 32 replies
Build a solid foundation before taking a step up - each and every step of the way.There’s a way to scale recklessly and there is a way to scale safely.When OPM is involved safe is way better than reckless.Despite a life long career in RE, I scaled as followsBought a few duplexes for my own accountBought a fourplex for my own accountBought 12 units as a JV with some friendsSyndicated 43 unitsSyndicated 30 unitsBought another 12 units as a JVSyndicated 281 unitsThis was over a 3 or 4 year period.and so forth - now I am GP in close to 1000 units with $125M AUM.Even with all that, my sweet spot is 30 to 50 unit properties - they work best for my partners and I and more importantly our investors.
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24 January 2025 | 42 replies
I'm feeling that I am being milked and preparing to get my attorney involved if we don't settle this soon.
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4 February 2025 | 13 replies
Would that lower our tax liability from other income we receive or no because this is purely RE and not an operating business?
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28 January 2025 | 15 replies
I'm at a stage where I really just want to get involved and start buying properties.
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19 January 2025 | 11 replies
Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.
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20 January 2025 | 57 replies
My company is licensed in 31 states for owner occupied loans (check my profile) and I can lend in 45 states for business purposes loans (nonQM and dscr loans).
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31 January 2025 | 7 replies
There are a plethora of CT based real estate Invetsor meet ups you should get involved with.