
13 March 2024 | 2 replies
Not sure who you are wanting to be brokered with but I can only say positive things about KW.Remember to keep your pipeline full of potential clients and always keep your fiduciary duty.

13 March 2024 | 17 replies
Now we’re opening up every listing to any tire-kicker off the street who says they’re interested in it and letting them do a full inspection before even making an offer?

12 March 2024 | 250 replies
That's another area where the title insurance payment structure does not make sense, on a refi.

13 March 2024 | 7 replies
It is amazing to me how many people will trust their hard earned money with someone that was in middle or high school during the financial crisis.Beyond this initial search:Experiencetrack recordBusiness PlanAsset typeProjected returnsFinancial StructuresRights and remedies in legal docsRedemption rightsSupplemental Capital CallsOperations capabilitiesOwner/Operator or capital raiser for othersK-1 TimingUse of bonus and accelerated depreciation1031 optionsVertically integrated or outsourcedExperience of team through multiple market cyclesBackground, if any, prior to real estate and syndicationProjected returns net or gross of fees and carrySeeing full financials of current deals with budget vs actuals (if syndicator does not share, or only shares P&L delete their contact)Color on deals that went sideways or lost money and whyMarket analysisColor on why they like that dealRisks of the deal, as they see themDo they have third party audits, ideally from one of big 4 firmsAre they a fund or single asset?

13 March 2024 | 15 replies
Yes sure, but there are great builders and it is irresponsible to make such a statement.The modular duplexes I am going with provide higher quality insulation and finishes and structure than you find in local stick builds.There have been studies showing modulars are sturdier than stick builds, and you can certainly achieve price efficiencies for the reasons stated above.For an investor with a volume goal (such as my 100 units in 3 years goal) in an area with low or expensive inventory or high competition, or for investors in an area with a lot of ongoing construction leading to high labor costs, or somebody that wants to run a strategy that churns money fast then modulars are a great development platform.
13 March 2024 | 15 replies
That quote is approaching full gut rehab pricing for something comparable to our rentals.

14 March 2024 | 35 replies
The kitchen is full stocked with many items to make just about anything including a turkey. 3 coffee makers (2 Keurig and a drip) plus a french press.

11 March 2024 | 3 replies
Here are some of the types of “wanna be” investors who never seem to be able to “pull the trigger:”The Organizer – This individual can’t seem to ever get fully organized - and until they do they can’t possibly make a purchase transaction.

12 March 2024 | 4 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.