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This morning I was reading an article on The Real Deal about a Florida real estate developer (link to article below). But here is what blew my mind when reading this, but I know very smart people who fall for this all...
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Good morning everyone! I'm in a bit a predicament and need some guidance. I've got a 4-unit construction project I've posted about a couple of times and have had some great feedback on. Currently I've come across this...
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The Biggert-Waters Flood Insurance Reform Act of 2012 goes into effect Jan, 2014. The signature Waters of the Act is Congress Person Maxine Water.
The Federal flood insurance program has been operating in th...
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We are working out a deal to partner with a very trusted contractor that we’ve worked with in the past many many times. But he is requesting some thing that I’m not completely sure makes sense.The deal is for 50/50 Eq...
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My future tenant signed their lease and paid their security deposit then informed me that I would be receiving the rent from their current landlord because they'd previously qualified for pandemic rental assistance la...
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These are conservative numbers. I could potentially get 850-900/m in rent. PROS: house is super affordable, some houses on the street are being renovated, move-in ready, I could force appreciation if i wanted to (i.e....
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Hello Everyone. I paid cash for a BRRR property in 2016. From the first day I purchased it, it was identified as a rental. We completed the work in 2017 without receiving any rental income in 2016. Can the purchas...
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Part 2.
Detailed Due Diligence
Conduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities. This is one of the most critical steps ...
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Ok, we have this guy who at first seemed like a legit candidate but now is beginning to raise some questions. I don't want this to be a long post so I'll just point out the red flags....Claims to have been a realtor,m...
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BP!I have been dedicating my time, energy, and resources to understand and find mobile home parks for sale in Craven, Carteret, and Onslow County areas in North Carolina. I found a park in Newport, NC that may have po...