28 May 2021 | 2 replies
I am not sure how to search for decent investment firms or how to do proper due diligence over the team members - if anyone has resources for this as well as firms or sites they recommend I'm all ears.Also, I have a thorough understanding of financials and modeling, but not real estate-specific, and probably need a better understanding of how to verify projection numbers and how to ensure I am doing proper due diligence over large RE deals.
1 June 2021 | 1 reply
There's only so many items but the volume is more about quantity of rooms.
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1 June 2021 | 8 replies
@Sanjiv MehtaSome of the items that you will want to evaluate when speaking with different lenders to see which one’s terms fit you best are,Loan amount: What will the loan amount be?
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29 May 2021 | 3 replies
This makes your other checks that much more important and you may ask for additional items (if you don't already ask) like bank statements, tax returns etc.Be sure to look up local laws regarding how much you can collect upfront, quick way to get in trouble if you exceed the local max.
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19 June 2021 | 8 replies
This is how HOA comes into the game of this transaction.2) The existing HOA document has 80+ pages and is a scanned version (so not text searchable), I don't have time to read all 80+ pages and site down with an attorney to modify item by item to what I need.
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29 May 2021 | 6 replies
You might save some interest if you get 10 or 15 people working on different items at the same time.
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29 May 2021 | 2 replies
These are broad goals that need to be broken down into short term action items.
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29 May 2021 | 1 reply
We’re investor focused as well which is a tough thing to find within a team model
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5 June 2021 | 15 replies
I’m curious if I should reimburse her as those are items that while I could have taken care of at no charge to me I feel she should be compensated for her labor.
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3 June 2021 | 13 replies
Just some items to think about if you haven't already.Another note, if the tenant isn't still tied to a long term lease, it *could* be more favorable to a buyer and you may end up with a higher sales price.