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14 July 2024 | 17 replies
It can be technical but underwriting is generally based on strength of borrower credit, assets/reserves, income of the property and aforementioned LTV.
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12 July 2024 | 16 replies
I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS- low prices- blue collar overall, meaning lots of resources for contractors- growing university, consistently growing rents- I expect to see an actual 10% cap rate here, higher if the property needs work- compared to downstate, permitting, evictions, etc. are simple and quick- no code compliance inspections required on existing multifamiliesWEAKNESSES- no. natural. appreciation.
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12 July 2024 | 23 replies
Plus there is a community college and train station less than 5 minutes away.
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12 July 2024 | 5 replies
Plus, we're introducing a Reconciliation feature soon to streamline financial tracking even further.Each platform has its strengths, but if you have specific questions about TenantCloud, feel free to reach out.
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12 July 2024 | 6 replies
Quote from @Scott Morris: It appears as if he runs one of those programs where they hook you on a low/free cost training and then hit you non-stop with "upgrades", and "higher levels of coaching".
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12 July 2024 | 5 replies
They promoted people who had no training or mentorship to move up2.
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12 July 2024 | 2 replies
It does take some training though, which we provide.
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11 July 2024 | 0 replies
The deal highlighted the strength of our partnership with Glenn and our commitment to delivering outstanding results.
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11 July 2024 | 0 replies
The deal highlighted the strength of our partnership with Seth and our commitment to delivering outstanding results through strategic investments.
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13 July 2024 | 24 replies
Buy the loans at a discount, and strike a deal with the owner dealing from a position of strength.