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6 May 2024 | 14 replies
If the manufacturer delivers a damaged building or if the manufacturer files for bankruptcy you could end up the creek without a paddle.For full disclosure my experience with construction lending on prefab/modular homes is limited to residential 1-4 units so there may be some differences if you are building much larger commercial units
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6 May 2024 | 8 replies
My goal of becoming a broker is two fold: 1) Build a career with high earning potential 2) Use that income paired with the knowledge I would gain to invest.
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6 May 2024 | 5 replies
I'm a realtor, investor and developer in central Houston ( I build small multi family).
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6 May 2024 | 7 replies
When investing from a long distance, you will need to build a core 4 team.
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6 May 2024 | 0 replies
Purchase price: $160,000 Cash invested: $480,000 Mixed use building. 1 storefront plus 2 2-BRM apartments.
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6 May 2024 | 4 replies
A dwelling fire policy that covers the building and a Renters policy for your contents and Liability.
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8 May 2024 | 33 replies
@Noah Mencia just because people paid too much for existing or new construction homes doors not mean that all new construction is overpriced.I have investors building at $125/sq ft and then triple net leasing their property to a management company.
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6 May 2024 | 7 replies
Feel free to reach out if you have more questions.Thank you for your advice.My thinking aligns with yours in that, at this stage, I lack the credibility and necessary funds.So, in the meantime, wholesaling seems like the right move for generating cash flow, familiarizing myself with the lingo, and expanding my network to build a list of buyers and potential partners.I've registered for a multifamily event next week and applied for membership in the young professional real estate group in my area.I do have one question, though, considering I'm at the beginning of my journey: What skills do you think I should develop to be useful?
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7 May 2024 | 9 replies
Building on what he said, if you are having trouble tapping in, and want to explore other options to maximize return, please feel free to reach out.