Michael Anderson
Minimum wage hike and it’s effect on rents
23 March 2020 | 2 replies
I'm no economist, overall allowing more people access to a higher amount of money isn't a bad thing especially if that is being pumped back into the market.
Raphael Collazo
Louisville: Possible destination for Tesla cybertruck factory?
17 March 2020 | 4 replies
From a logistical standpoint, our location gives us a huge advantage.You can access almost 60% of the US population within 1 days drive.Along with that, many large automakers (Ford, Toyota etc.) have committed a significant amount of resources to Kentucky.They wouldn't have done so if they didn't believe in the future of the economy.I think the biggest hurdle we'll have to overcome is our state & local tax laws.I know Elon has been eyeing Tenessee for that reason (i.e. no state income tax).
Michael Reilman
Why Bigger is Better in Multifamily (and why sometimes is not)
14 March 2020 | 4 replies
While bigger deals are definitely better, there are more smaller ones, and they are more accessible and trade more often.
Quincey Stance
A little advice on the BRRRR strategy?
14 March 2020 | 4 replies
That money generally doesn't come from a bank although some local banks do have loans they keep in house and they will make up their own rules, but they usually come from mortgage brokers who have access to a wide variety of wholesale, portfolio lenders.
Daniel Lozowy
Finding Deals in a Hot Market
18 March 2020 | 10 replies
They will have access to commercial MLS or something similar plus they have their pulse on the market.
Eric Fernwood
Corona Virus Impact to Las Vegas Market
30 November 2020 | 435 replies
Most think they have access to 'rumors' but unless you have unique 'information' you don't have the rumor, you have the news.Almost no one can beat the S&P 500, as Warren Buffet and others have said.
Jim K.
Nasty little surprise
26 March 2020 | 21 replies
Turned out the thing had a window in the surround that was left in place and covered over with a piece of plywood, the plumbing was not as accessible as I needed, and the wiring needed love too.
David Levin
Renegotiating after unfavorable multifamily inspection.
17 March 2020 | 10 replies
I would say it also depends on the access you were given before making an offer.
Ryan M.
Time to max out credit lines?
15 March 2020 | 2 replies
to me there are credit lines and then there are credit lines.IE the vast majority have a heloc on their personal home or maybe a rental.. with a credit union local bank big bank etc.then you have credit Lines that are unsecured for business purposes .I have not heard of credit lines being frozen yet.. but I sure saw it a ton in the GFC.. and very few folks that get them on their personal resi or a rental.. actually read the fine print and therefor are shocked when they go to access their heloc for this deal they want and its frozen.our facilities are on one year terms with a mandatory 30 day rest per 12 months.. its been that way for me for 20 some years LOL.. mine are unsecured and of decent size i am not talking 50 to 100k..
Prashant Sheth
Fair credit options to build portfolio? Cross funding? Or Non QM?
14 March 2020 | 0 replies
I have access to a couple deals and want to use the equity to make this work and possibly get some cash out.