Paul Moore
Self-Storage Rising in this Market Downturn?
13 March 2020 | 5 replies
According to Yardi Matrix, revenue was down year-over-year in nearly every major market they track due to increased competition and new store openings.
Christopher Wilchensky
Investing in Fundrise / other similar areas
1 April 2020 | 2 replies
I requested a Redemption of my funds from fundrise back in January and they won't release them.Here is what they said:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.
John Underwood
How do you handle maintenance and scheduled repairs
13 March 2020 | 9 replies
We just spent 10 days doing our typical "Spring upkeep"We sanded down solid wood kitchen cabinets, primed and painted them.Had a bulb burned out under the microwave.Fixed some screens on the screened back porch.Touched up some paint on the dock.Cleaned out flower beds.Steam Cleaned CarpetsFixed a bedroom door that wasn't latching properlyEtc.For those of you using a PM:Does you PM regular inspect to catch small things like a microwave light burned out?
Matt Lorentsen
Wireless Doorbell Solutions for 3 Flat?
19 March 2020 | 4 replies
@Matt Lorentsen have you looked at running regular doorbells?
Quincey Stance
A little advice on the BRRRR strategy?
14 March 2020 | 4 replies
New and learning is good.There are different types of mortgage money, different sources of mortgage money and different ways mortgage money is amortized or calculated.There is regular Fannie Mae/Freddie Mac money.
Carmel Duffy
Tennant found mice dropping in garage.
16 March 2020 | 7 replies
She called to say I need to get over and clean up the garage which had spiderwebs and Mice droppings.She said she needed to store some Antiques and the garage was too dirty.She then complained that she can barely afford to live in the house and needs to sell out of the garage.
James York
New Member- Concord, NC
20 March 2020 | 20 replies
We also have a large community of 100+ local investors who chat regularly to share ideas, best practices etc. via a GroupMe and Slack chat so if you’d like to get plugged in let me know!
Paul Sweetman
#Coronavirus (#COVID-219) and rent payments
20 April 2020 | 4 replies
My wife just read Apple is shutting down their stores outside of China, restaurants are having fewer people going out.
Adam Craig
Tips on scaling need private money lenders?
16 March 2020 | 2 replies
Many people actually say if it's more of a regular person rather than an investor it's easier to sell them on 8% than 16% because they assume at 16% if must be risky.
Adrian Wooten
Advice to get started (Atlanta area)
13 March 2020 | 0 replies
Should I AirBNB my current space or regular rental?