Ariel Gonzalez
Vetting a GM in a syndication Deal
13 July 2024 | 20 replies
But all of this was when LPs were not diving deep because distributions kept coming monthly, an email was sent on a given day each month, and the only accountability needed was hitting projected returns, which was pretty easy in a bull market.Now, with more scrutiny from LPs and distributions not coming, those surface level emails are proving to not be showing much.
Jay Hsu
New Investor to New England Area
12 July 2024 | 3 replies
And I do like the idea of bucking the trend, being a little contrarian, etc.If you haven't already done so, I'd recommend attending an upcoming RI Real Estate Investors Group meeting, which meets monthly in person for members and monthly virtually for members and non-members.
Bala Nagarajan
Seeking Advice on Building an Additional Unit on Multifamily in Canton,MA
12 July 2024 | 5 replies
If I proceed with adding one unit, around 1500 sqft, the construction and approval costs may amount to approximately $450K, which would bring the total property value to around $1.35 million.Given that some three-unit properties in Canton have sold for less than $1 million in the last two years, I'm uncertain whether adding this one unit and renting it out would be a wise investment.My questions are:Is adding a single unit worth the investment considering the current market trends in Canton, MA?
Christopher Hildebrand
Has anyone ever worked with Tyler Deveraux?
13 July 2024 | 22 replies
We found a 188 unit deal in Columbia South Carolina and Ryan had actually already underwritten it but he missed the fact that the T 12 actually only had 11 months in it instead of 12 so we caught it and Multi Family Mindset’s internal underwriter really loved the deal.
Eduard Gibert Renart
Note Yield Question
10 July 2024 | 9 replies
In other words, a yield of 9.5% with monthly cashflows assumes those cashflows are reinvested at the same yield as soon as the cashflow is received.
Yongming Huang
Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies
That cost's $.
Arlyssa Warner
Wholesaling Mobile Homes
13 July 2024 | 8 replies
There is a monthly charge for the mobile sitting there so you need to know how much that is.
Navid Sadighi
How should I continue to grow my dad’s portfolio?
9 July 2024 | 22 replies
Tenants 6 months late or not paying rent got 2 more months for free but had to vacate after lease expire.
Sharon Sasser
Real Estate Investing in Melbourne, Florida
10 July 2024 | 11 replies
I've always had this dream of a beach home within walking distance to the beach, so I realize I probably need to back up and look at this more objectively instead of emotionally when it comes to extra wear and tear and higher insurance costs, weather impacts, etc.
Jason Coleman
HELOC Lenders (Shred Method)
10 July 2024 | 12 replies
I understand most of the interest rates we have now are minimal so we will likely keep paying the minimum balance each month.