Mark Dixon
Business Line of Credit: Who Should I Talk To?
I am in the process of establishing my LLC and I am interested in setting up a business line of credit for the corporation. I wanted to ask if anyone here could recommend a bank or financial institution where I could...
Christopher Freeman
Tenant Complaining About Strength of Wi-Fi Network
Hi all,We have some college student tenants whom we inherited from the previous owner. Most of them are fine, but one of them is very needy. The legacy lease provides internet, which we have provided and which works i...
Scott Trench
Is a 20-25% Crash in Multifamily Asset Values Realistic?
I've been noodling on this for a few weeks, and the more I think about it, the more I'm starting to convince myself that large multifamily is one of, if not the most, riskiest asset classes in America right now. Here'...
Jamil Rivera
Limitless vs Morris invest
The sales person I have been working with to send me deals recently left the Morris invest company and he has switched over to a company called limitless turnkey. I’ve already heard bad things from Morris reason why I...
Matt Millard
Coming Great Depression?
Does anyone else believe in Austrian Economics & follow Peter Schiff & Lew Rockwell & think that when the everything bubble pops in next couple years (we are already in 2nd longest expansion ever) that we ...
David Robertson
Flip without doing any work?
There is a house that is up for auction that does not need much of any work. I think the house might go for $130k. I was told by the agent that she would list the house as-is at $189k. I ran some comparables and I...
Andrey Y.
Paying a syndication sponsor's (high) travel costs
This is something I frequently see when reviewing opportunities:Travel and inspection costs / Asset due diligence $200K $300K etc.Now, if the entity is purchasing 1 or 2 assets, how much does t...
John Chapman
The problems with small multi-families (at least in DFW)
I keep getting asked why I've come to dislike small multi-families (2-4 units) in my area, and I wanted to make a list to see if maybe I'm missing something. I’m not saying small multi’s don’t make sense in othe...
Rebecca Cramer
Vacation Rental Market in Puerto Rico? Still recovering or what??
I am looking at buying real estate in Puerto Rico and renting it out on Airbnb. I looked at other airbnb rentals and even the superhosts have calendars that are WIDE OPEN! Like a few sparse weekend and weeks but mostl...
David Cheng
What do you qualify as a proof of funds?
Currently have a listed 4-plex for sale, 100% occupied. As a screening tool, I ask for proof of funds before we bother a tenant and show the property. To me, any liquidity qualifies: bank letters, bank statements, sto...