Cory Ray
Looking for a Lawyer and CPA that specializes in Real estate (House Flipping)
27 February 2024 | 11 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
Nick Johnson
Beginner looking for advice
1 March 2024 | 34 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
Nate Raynor
Mobile Home Development
28 February 2024 | 19 replies
projects we looked at were in Oregon and if your doing actual MH and your doing a larger project like 100 to 200 units it can take a few years to many years to fill them and you usually need a mH dealer on site to sell them etc etc.
Kareena Sharma
Duplex vs RE syndication investment
2 March 2024 | 43 replies
Check with them if they're using operating partner and/or integrated partner, sometimes stupid issue like property manager can destroy potential investment as well.If you can read company balance sheet or 10K/10Q report, then you may dig dive easily into reading T12.Every Joe during good year can deliver 12% IRR ; but I told you, if you buy duplex on the same year with them, due to long term financing and hgher appreciation of residential asset, you could make 20% IRR above.If you really want syndication, find syndication in industrial space with good sponsor, the volatility in this space is much lower than MF and usually the sponsor is very experienced as well. you can start educating yourself from Aleksey LP education that I shared before, there're few sections there that maybe coming from my idea as well.
Drew Bittle
Searching for Condotel Studio Lender in Myrtle Beach
28 February 2024 | 12 replies
I know my firm will finance it assuming the unit is 600 square feet or larger.
Gladys Melendez
Purchasing a new home
28 February 2024 | 7 replies
Purchasing a home in Arizona, no realestate agent used, since it was a new built.what should I be on the look out for, any Arizona Title company highly recommended, and escrow companies if the seller does not choose one?
Michael Smythe
Landlord Rights are being Taken Away!
29 February 2024 | 7 replies
Get renters out of their neighborhoods and back in to large apartments owned by large companies where they belong.
Mohammad Arif
New to real estate investment, seeking advise from experienced investors.
28 February 2024 | 6 replies
Lots of options but you will want to select a sponsor with a track record and an investment you are comfortable with.Make sure to do lots of due diligence Thanks Chris, yes, I agree there are many options out there and I’m trying to find the best one for my situation, in my original post I asked about the RE syndicate companies, I would love to hear some recommendations from you guys.
Noah Ehler
Underwriting as a Skill
27 February 2024 | 3 replies
Volume 1 is dedicated to smaller multi family, 4 units or less I believe and volume 2 for larger multi family.
Ted Usatynski
Newbie Jumping in As Manager
28 February 2024 | 7 replies
3) Do I need to have an actual company or can I do this as a private individual?