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1 June 2024 | 7 replies
Builders normally build in a little something for buyer's agents, and the NAR agreement doesn't take the buyer's agent comp out of the MLS for a bit, but the agreement still allows for them to offer something to the buyer's agent.
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30 May 2024 | 9 replies
I have a potential hard money cash provider to fund the acquisition of land and fund new construction build.
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1 June 2024 | 8 replies
Chattanooga, TN resident, realtor, and (newbie) investor here.A mentor told me real estate is all about building relationships, so here I am!
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2 June 2024 | 9 replies
If I knew 10 years ago what I know now about house hacking, I'd be doing it, but we are in a condo building we converted with friends - and our condo is paid off - so we're staying put for the foreseeable future.Thanks for the thoughts on lower cost areas and rehabbing.
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4 June 2024 | 10 replies
Hey mate,Sorry to hear about your troubles.I've been offering "true" turnkey properties for 10+ years now and have many scars to prove it.There has been and still is a huge stigma surrounding the industry and rightly so.The very best rated in the industry sometimes get blasted on the forum.Like with any business that has stood the test of time, we have had our fair share of successes and failures.We have done very well for many investors and could have performed better for others.Many times, we are to blame and other times it was the investors fault IMO.One thing I have always claimed is that we don't steal, cheat or lie and my team and myself work very hard and always make decisions with investors best interest at heart.Personally, I believe that folks that work hard and do their best shouldn't be crucified for an honest mistake when it happens.But, I guess others aren't as reasonable when it comes to such situations and I don't judge them for it.I take the punch on the chin and still continue doing my best.Over the years, I have made millions and lost millions but only blame myself when I loose.Not others.Also, I've always preached to start slow and only use cash which has cost my business 90% in sales volume.I just don't believe that investors should use leverage when first starting to build their portfolio.Reverse engineer and base all real estate, business and even life decisions from a risk analysis worst case scenario standpoint.If you believe that you can absorb a worst case scenario outcome, then pursue the opportunity.Build a strong foundation with cash owned properties and gain experience first."
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2 June 2024 | 2 replies
I’ve managed to buy 7 buildings with 25 units.
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31 May 2024 | 11 replies
I also recommend you schedule a walk-through inspection within one week so you have the opportunity to ask/answer questions, document the condition of the rental from that day forward, etc.
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1 June 2024 | 48 replies
I am certain I am not alone with my thanks to you for building a place we can come visit and learn.
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4 June 2024 | 54 replies
So we would definitely have to build some trust among the group before we went that route.
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1 June 2024 | 2 replies
Our portfolio in Illinois (close to Chicago):All properties in this portfolio are the exact same layout in terms of sq ft and having 2 bedroom and 1 bathroom and are Condos in a 4 unit building Only difference is when each unit was renovated or not.