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13 January 2025 | 4 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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10 January 2025 | 7 replies
I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.
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20 January 2025 | 16 replies
Apply for a dimensional variance on the vacant lot to allow a smaller lot and/or setback so it can be built upon.Your best first steps are to sketch a plan, possibly with an engineer's help, then contact the zoning department to discuss your idea with them to get informal feedback on your liklihood of success before you spend a lot of money.
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12 January 2025 | 6 replies
To ensure you’re acting ethically:Full Transparency: Be upfront about your intentions and ensure the organization has all the information it needs to make an informed decision.Fair Value: Offer a price based on fair market value or justify any discount with clear benefits (e.g., taking on deferred maintenance or providing a quick, hassle-free transaction).Win-Win Mindset: Emphasize how the sale could help the organization, such as freeing up funds for its mission or relieving the burden of maintaining a distressed property.4.
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14 January 2025 | 37 replies
there are several posts on here about capital calls. without more information it is tough to respond but typically a capital call is because the offering is having issues with cash flow - whether it is because a loan is becoming due or some other reason - that is the primary reason - needing an influx of cash. can you provide more details?
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13 January 2025 | 16 replies
Two things I remember that probably don't happen today: -First property was a no-doc loan, technically low doc because you still had to provide information but with 30%+ down pretty much anything you wanted was yours.
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28 January 2025 | 27 replies
@Mark Cruse thanks mark - that's the vibe I was getting as well, super negative and not informative (from one person) This was a success story just on raw numbers - there are obviously more expenses, but some took it and seemed to take it at face value which did leave me to get defensive which I shouldn't have. side note - knowing how to communicate and navigate this community seems to be the key.
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16 January 2025 | 23 replies
I was trying to get started, had all the information but needed to pull the trigger to get in the game.
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25 January 2025 | 155 replies
I can totally see why you may have felt ashamed, but the reason these forums exist is to share information.
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10 January 2025 | 5 replies
It often takes new organizations similarly long times to get that sort of information.