1 April 2020 | 4 replies
@Rudy TateI just got this from fundrise:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.

5 March 2020 | 6 replies
Also, if the lot rent (lot rent only) at competing parks is lower than $200 per month, the park could simply be in a low demand area.

4 March 2020 | 7 replies
So, initially the goal was simply to earn returns outside of Wall Street.

11 March 2020 | 29 replies
@Jared Wilson The situation you described as your direct personal experience on the topic was not a break in the chain at all, but simply the existence of a quitclaim deed in the chain.

4 March 2020 | 2 replies
We than did the average ARV formula , simply adding up similar comps sold prices and dividing by number of similar comps and got an ARV of 154k!

7 March 2020 | 6 replies
Some windows need replacement as well and will have an improved thermal rating than the ones from god knows when in the last century.Due to the renovations opening up space to make an HVAC installation more seamless, I have the possibility of taking that approach if the boiler is likely to crap out within the next several years.

4 March 2020 | 4 replies
This is why I prefer rental arbitrage but God forbid I say that here on the forum.Be careful and good luck...

8 March 2020 | 17 replies
Unless the company filed a lawsuit, which you haven't mentioned, they no longer have any interest in the property.If they recorded a lis pendens without filing a law suit the penalty against would let her retire in comfort.If they fraudulently filed a lien of some sort but you haven't indicated anything of that nature, again their penalty would be a nice windfall for her.If . . . she thinks that because they had a purchase and sale agreement from some long ago time, she is simply showing that she doesn't understand how things work.Make your offer, open title and escrow, and I'm sure the whole transaction will go smoothly.A title report will reveal anything of concern and a report is usually $50 to $100.

4 March 2020 | 7 replies
She simply said kill the deal and re listed the property right away.

6 March 2020 | 31 replies
you are absolutely right and sorry if i came off offensive... i am a consumer and have had the same exact experiences. agents who put you on set it and forget it through their portals which will narrow down properties based on area and other general details and never contact you again unless you call them and there are agents who will go look at properties for you because you are stuck at work gather all information and give you advice to continue to examine or list 25 negatives to talk you off your emotional impulse buy. it took a few agents before i found one who doesnt mind to work for their commission and i will use him on every deal within his license jurisdiction.you cant expect a consumer to be happy to work with someone who just goes through the motions because they've been in the RE space for 20 years.. much rather give a recent college grad with some motivation the business.you sound successful and i am willing to bet its not because you set it and forget with you clients and you actually work. god bless