19 October 2021 | 13 replies
I specifically cater my advertising to just people working in a refinery (redneck guys that make lots of money and leave their wife/girlfriend back home).
19 October 2021 | 3 replies
Also is it common to use syndication to purchase different types of commercial properties like shopping centers and office centers?
18 October 2021 | 0 replies
Purchase price: $355,000 Cash invested: $500 Sale price: $395,000 In August I sent out postcards advertising that I buy properties FAST for CASH, and got a call from this seller.
18 October 2021 | 0 replies
Purchase price: $355,000 Cash invested: $500 Sale price: $395,000In August 2021 I sent out postcards advertising that I buy properties FAST for CASH, and got a call from this seller.
22 October 2021 | 5 replies
My experience with commercial loans is the bank spends most of the time analyzing the deal, most commonly they use Debt Service Coverage Ratio (DSCR) or Debt Yield to analyze these situations.
26 October 2021 | 15 replies
Furthermore, the types of multifamily syndications we invest in, as well as offer to our investors, are value add, meaning that our syndicators acquire assets (generally off market) at an attractive valuation, renovate the units & common areas, implement well-reputed property managers, and increase rents to market rates, thereby increasing the properties' valuation on exit. 3.Inflation creates further increased costs for construction materials, making newly constructed homes & commercial properties even less affordable (and in less supply) and existing assets more valuable.
20 October 2021 | 10 replies
The most common way is just to bite the bullet, take a week off, and go do it yourself.
19 October 2021 | 1 reply
-What ways are you advertising?
20 October 2021 | 24 replies
I was following the BP playbook of creating an emotional connection with the seller by sending pictures. that's something Brandon turner has been recommending for ages. well keep in mind the 2% rule does not work anymore either and laws are constantly changing.NOW this might not apply to NON owner occ homes and commercial purpose type transactions .. i just know you cant do it for the average buyer looking to buy from the owner occ seller and live in it.. there may be a commercial carve out.these letters were VERY common until the new law passed this is why you rely on your agent to keep you abreast of the actual laws and rules.
19 October 2021 | 5 replies
This is pretty common, you'll need to clearly outline the rules and expectations of the agreement in your operating agreement/partnership agreement.