Michelle Simoni
Investing with no money
21 February 2024 | 7 replies
I can present a business plan with market data and construction timelines.
Justin Goodin
đź‘‹ NOI / Cap Rate is Pointless
21 February 2024 | 1 reply
It's pointless→ I want to evaluate how the property is performing NOW→ Where it COULD BE performing→ And WHAT it will take to get there.This involves (at a minimum) checking comps, creating a 5 year proforma, verifying taxes & insurance, and making assumptions about the business plan.You can't determine if a deal is a pass/go simply from NOI / Cap Rate.The art of underwriting involves finding value where others miss.If you're passing on deals just from dividing the in-place NOI by a cap rate, send those over here!
Deano Vulcano
Investment house loan in company name
22 February 2024 | 14 replies
You can close under your LLC or any business entity name with a DSCR loan.
Dakota Dalsing
General Contractor and Master Electrician trying to figure out where to get started.
21 February 2024 | 6 replies
I don't know how your business flows, but I knew a guy who had an excavation business.
Isaac Bazek
Mentor in Indianapolis
21 February 2024 | 3 replies
We also operate a property management business and work with other investors to help oversee their projects and stabilize their rental properties.Â
Diana Montilla
Above Par Capital reviews
21 February 2024 | 0 replies
Hello, I am starting in the business looking to fix and flip.
Mike Terry
Did I hear David Greene correctly this morning? Cash out 1.5MM retirement fund?
22 February 2024 | 43 replies
Very few episode don't include plugs for his brokerage business and his mortgage company.Â
Daniel M.
Embarking on a Real Estate Journey from Brooklyn to the Hudson and Housatonic Valleys
21 February 2024 | 4 replies
I furthered my education by reading "Writing Winning Business Plans" by Garrett Sutton, "Tax-Free Wealth" by Tom Wheelwright, and, naturally, "The Book on Rental Property Investing" by Brandon Turner.
Tom Wallace
Foundation issues found one year after purchase.
22 February 2024 | 12 replies
Dont be surprised by high quotes... you don't always get what you pay for, but its a business they are going to attempt to sale you the kitchen sink.
James NA
“ DEALS” that absolutely are not deals for the investor buyer
21 February 2024 | 27 replies
And if the business doesn’t CASH FLOW.. you bought a pig with lip stick.4) NEVER take YOUR cash out of YOUR pocket unless you KNOW that you’re going to get it all back in under three years.