29 September 2024 | 11 replies
For instance, with STRs, why won't an investor spend an hour on AirBNB for their area to identify listings that:1) rank the highest2) occupancy 95%+3) ADR $750+4) hosts have 2+ properties5) listings are branded with 20k+ Instagram followersetcThen, reach out to those top operators; as many don't have the time or gave up on cold outreach, yet they've done the hardest 90%, have skin in the game, and outcompeted thousands of listings nearby.
9 June 2019 | 20 replies
If they don’t have any skin in the game and in fact they make more money keeping late fees and making another lease-up fee plus whatever they make processing the eviction that’s what they’ll keep doing and that’s not going to end well for you.
23 January 2020 | 7 replies
As a conservative investor, I am personally not comfortable in investing in any of those platforms as I prefer sponsors with a lot more experience, a lot more skin in the game, better fees, a model that can be recession stress tested, etc..
28 September 2024 | 17 replies
Not that I'm aware of....you need skin in the game.
24 September 2024 | 15 replies
STRs are not for the faint of heart or the thin-skinned.
18 May 2017 | 5 replies
They want you to have some skin in the game.
1 October 2024 | 8 replies
I have had this situation come up several times this year, in multiple states, Lenders want to have the borrower have skin in the game at this point in time.
2 July 2024 | 108 replies
As an investor myself, fully capable on closing a deal (yes, I can get hard money, put up my capital, or my 20% as a skin in the game, buy, fix rehab the prop and sell on market, or just hold and sell), I have ZERO fiduciary duty to seller.
3 October 2024 | 4 replies
They disagree because they are for you.These are some observations of thin-skinned behavior:1.
22 July 2015 | 32 replies
I've got to skin this cat!