Jacob Maes
Syndications for "Non-Accredited" Investors?
25 February 2024 | 22 replies
These types of deals aren't allowed to advertise or solicit.
Ian Skjervem
Commercial lending on $4-5M property
22 February 2024 | 9 replies
Is there any difference in product/rate if the building is owner occupied?
Ryan Cadwell
Sub Market proof of concept build
22 February 2024 | 0 replies
Overall, we were able to create a new product, offering a first-floor Main Bedroom Suite and three additional bedrooms on the second floor.
KC Pake
⁉️ 📲Your Most Expensive Lesson in Real Estate Investing: Share & Learn 🏢
23 February 2024 | 3 replies
I will share my "Most Expensive Lesson" in the comments.To kick things off, here are ten examples of expensive lessons or mistakes in real estate investing:Underestimated Repairs: The classic pitfall where the cost of repairs and renovations far exceeds initial estimates, impacting the overall budget and profitability.Tax Liens: Failing to account for or being unaware of existing tax liens on a property can result in unexpected financial burdens.Contractor Liens: Not settling payments or disputes with contractors can lead to liens against your property, complicating sales or refinancing.HOA Fines: Overlooking or violating Homeowners Association (HOA) rules can lead to significant fines and headaches.Bad Loan Products: Opting for loan products without fully understanding their terms can lead to unfavorable financial conditions, such as higher interest rates or unfavorable repayment terms.Ignoring Zoning Laws: Investing in a property without a clear understanding of local zoning laws may restrict its use, affecting your investment strategy.Overpaying for a Property: Lack of research or getting caught in a bidding war can result in paying much more than the property's worth.Neglecting Due Diligence: Skipping thorough inspections and background checks can uncover unpleasant surprises after the purchase is finalized.Poor Tenant Screening: Failing to properly screen tenants can lead to unpaid rent, property damage, and costly evictions.Underestimating Market Risk: Not considering market fluctuations can lead to investments that don't pay off as expected, especially in volatile or declining markets.We've all been there in one way or another, facing setbacks that seemed daunting at the time.
Jacob Beg
MultFamily Rental investment gone wrong. Any advice?
23 February 2024 | 14 replies
They are effectively blaming “the product and the pricing that I have asked for”.
Antonio Bodley
Do I make an offer or pass?
24 February 2024 | 30 replies
Are you able to manage this type of property?
David Tang
Immagrants as tenants
25 February 2024 | 10 replies
We want to know what type of job they have and how long they have it.
Chris Murdien
Would installing solar panels on rentals be a wise investment?
23 February 2024 | 12 replies
The installer will not tell you about this, but will try to cover 100% of your consumption - the problem is, that your consumption and production do not happen at the same time.3.
Ben Layson
lending strategies for a 30K investment loan
24 February 2024 | 4 replies
What type of property ?
Tommy Nguyen
House hack single-family residence buy and hold investment in Cincinnati, OH
24 February 2024 | 1 reply
What made you interested in investing in this type of deal?