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30 September 2020 | 1 reply
Popularized by the hospitality industry, profit splitting, or otherwise known as profit sharing or revenue sharing, is a contract model I see more and more property owners using, across industries, to quickly fill a space and potentially earn a greater return on their investment.For those new to the concept, the idea is that it allows a business to operate out of a space without ever getting locked into a lease, and instead guarantees a percentage of the revenue from the business to the LL.
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28 September 2020 | 2 replies
I've already spoken to most of the popular ones including Kleenerly, Sky Management, and Guesty.
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28 September 2020 | 4 replies
If you're just getting started, I wouldn't think you would want to tackle other peoples rehabs, at least not until you've done a few yourself and ran into many of the problems that arise.
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28 September 2020 | 3 replies
i only sign jv agreements when deals arise.....you should find a partner on this deal and you may be able to keep it with them and get some equity in it
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29 September 2020 | 5 replies
I literally turned every stone, but it turned out to be impossible - our cost to build is too high.The second most popular thing is new luxury homes, so I built what all of my buyers were asking me to find:- 4 bedroom, 2.5 bath split ranch- exposed, finished basement - 3 car garage- impressive main living area, open concept, white and grey, solid HW floors etc- basically everyone's dream homeLiterally every design decision we made, we asked the question: will 80% of the population like it?
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29 September 2020 | 1 reply
Managing the property taught me to keep my cool when problems arise and know that there is always a solution.
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27 September 2020 | 3 replies
Multi-units are popular here in NJ and easy to find.
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18 October 2020 | 30 replies
Cleveland is the one I am most familiar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.
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27 September 2020 | 0 replies
I met many new investors wanting to do a BRRR. The thing to know is that a BRRR is really hard to accomplish, even seasoned investors have a hard time to find good BRRR deals.The truth is that for BRRR you need to hav...
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27 September 2020 | 0 replies
Easy mostly cosmetic fix - popular neighborhood- good purchase price.