Clint Harris
Inverse Economies of Scale in Short Term Rentals
10 May 2019 | 4 replies
What we lack in the daily rate, the smaller units make up for in occupancy.
Nate Marshall
Feedback: Closed Membership Fund Concept
27 May 2019 | 12 replies
Many good deals but there isn't a product from a lender or the investor may lack one thing and cant find a JV.I've been studying crowd funding and looking at lenders like Groundfloor, Do Hard Money, Peer Street and came up with a concept of a Closed Membership/Sponsor Fund.It would be limited to 100 investors (initially and the members would vote on any expansion and the terms of membership)Members would have a contribution of $2,500.00 payable in 2 increments of $1,000.00 and $1,500.00 when a minimum threshold is met by investments from the Accredited Investors.This would be a Reg D 506(C)There would be a Board of Directors (4 AI's, 4 Members, 4 appointed) to provide oversight.There would be 3rd party compliance and a trustee.Staff would be a CFO, Underwriter, Transaction Coordinator, Accounting, Processors and Events/marketing plus admin.Only the members could borrow from the funds.
Cameron Bock
Rogue Roofer: A Property Manager Story
9 May 2019 | 20 replies
Try to do a apple to apples comparison of how the military (or even just any public project) is run or managed to the private sector is stretching it.
Krisleigh Hoermann
Running numbers on commercial properties
9 May 2019 | 4 replies
I'm getting in touch with a broker to pick her brain and wanted to do some solid research before I show up.As far as why commercial first - where I lack in real estate knowledge, I make up for in business.
Diego Hernandez
Why don’t wholesalers invest in their own inventory?
11 May 2019 | 45 replies
Most wholesalers and even agents for that matter lack the knowledge base on real estate.
Eric Jones
Tenant Frequently Late But Pays Late Fees - What to Do?
11 May 2019 | 38 replies
Apples and oranges comparison.
Jim Morris
Has anyone been extorted/threatened for the deposit back?
13 May 2019 | 106 replies
It just shows an utter disdain for you and your business, and frankly a lack of appreciation for the effort you made to provide a well-maintained home at a reasonable price for he and his family.If he had responded more diplomatically, explaining he did not cause the damage and if he generally took care of the unit and was not a problem tenant, I might have been more inclined to work something out.
Brady Udovich
New Baltimore Area Investor - Introduction & Financing Question
13 May 2019 | 2 replies
Looking at my core four three (property management not needed yet), I have a solid network of contractors and real estate agents, but am lacking on the lending side.
Brian Mitchell
Notice to Quit based on the Smell of Smoking?
15 May 2019 | 10 replies
A fine of up to $ 1,500 may be adjudged for each violation in cases when a person engages in conduct that shows lack of good faith in complying with the rules relating to smoking.
Wojciech Grajewski
How do I divide rent and utilities?
12 May 2019 | 4 replies
Selling the home has not been an option since the house is appreciating a lot in value in the past 3 years and will continue to do so due to high house prices and lack of affordable housing.