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8 March 2024 | 8 replies
I can almost hear right now your GP coming back to you in 1-2 years saying construction costs have gone up, lease up is taking longer than expected, rents concessions are much greater than we thought....and now there are 3 competiting developments within a mile that are crushing our rents.
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9 March 2024 | 9 replies
I thought funding the deal was the main problem im facing but back to the drawing board.
8 March 2024 | 13 replies
I’ve had some push back concerning cash flow in the deal supporting the new mortgage amount.
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7 March 2024 | 35 replies
@John McKee The question is... how long will it take you, earning that double cash flow to claw back your tax loss.
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7 March 2024 | 2 replies
I'm wondering if I purchase the uncle's single wide trailer, rehab it, move him back in, if there is some sort of government assistance I could receive.
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7 March 2024 | 3 replies
Backed up sewer, property destruction, cost of reconnect, and new mainline, whatever else you can think of.
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8 March 2024 | 11 replies
Unless you're willing to spend a lot of time driving back and forth to Saginaw (and you may be- I used to drive from Brownstown to my Saginaw apartments for years before I moved a little closer.
7 March 2024 | 14 replies
Meanwhile after the talk the newbies, the always believers, the desperate, and the just plain stupid we’re fighting to get to the back of the room to spend their money and sign up.
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8 March 2024 | 30 replies
But in many cases they will just ending up routing you back through a broker which brings you back to the above scenario, so you've really gotta pick and choose well.Keep in mind that if you do find one, there will be things you need to do on your end such as specific signage, obtaining certificate of insurance from any vendors you work with (cleaners, handyman, pool guy), etc.Safely I believe also includes liability as an option in addition to their usual damage protection at an extra cost, though in that case you're paying on a per booking basis rather than a yearly fee, and it's likely going to be quite a bit more expensive.
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7 March 2024 | 8 replies
And each have said they never get anyone from the state (banking / securities division) to call them back.