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28 May 2024 | 5 replies
I personally would not use leverage in dying cities and areas that had no growth.
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28 May 2024 | 7 replies
I personally think it's easier to get a general contractor's license (especially here in Chicago - it's almost sad how easy it is), but that just means there are a lot of bad contractors.Almost all states require architects to take a state licensing exam and need to have a bachelors degree in similar field to even take the test.I found for me, if I can just find people who are really good at what they do (and enjoy it) I can let them do that and I can just focus on finding deals and building the team.
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29 May 2024 | 9 replies
more than likely you will need to speak to the land groups of home builders or the land and development groups of multifamily buying groups and most are going to be publicly traded. make sure you have enough housing units. if you provide more info I can help out. there's a million different niches in development and more than likely less than 10 buyers for what you are talking about in any niche. we just reached out to Greystar for apartment development site we are putting together that is a vertical development. we called their office for the midwest and messaged every single person on their team on linkedin. put the effort in and you'll get results.
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28 May 2024 | 1 reply
We fully own the property, but an equity loan minimum is currently more than we qualify for, can't find a personal loan, all due to credit scores.
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29 May 2024 | 4 replies
Make sure you can care for your family today and tomorrow before you start thinking about your personal comfort in 40 years.
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27 May 2024 | 19 replies
@June Broce We do a ton of Transactional Lending for wholesalers looking to double close, some investors who are doing seller finance deals or same day purchase and refinance into a DSCR loan.If you can assign the deal and save yourself some money, it's the better option but I 100% understand why someone also prefers to double close and secure their profits depending on the scenario.With that said, you can buy/sell the land SAME day for a legit double closing.
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28 May 2024 | 42 replies
Keri Middaugh appears to have given a most interesting comment on the subject of personal care homes about 8 months ago.
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25 May 2024 | 15 replies
In my personal portfolio there aren't any pet restrictions = better tenants, higher rents, and tenants that stay longer.
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28 May 2024 | 5 replies
I am also trying to find a partner to do the BRRR method but I need to ensure the person I am working with is trusted.
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28 May 2024 | 68 replies
And what does your lease say about storing personal property in public spaces?