Here is a slide from a recent presentation. And not just some random presentation. It was presented by a self-designated high-end tax strategies firm. And they were "teaching" CPAs and asking us to send them referrals...

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I’ve seen investors skip steps that end up costing them later. Here are mistakes I often see:

Not verifying borrower payment history

Skipping a title check

Ignoring property condition

Miscalculatin...

Hey BiggerPockets fam!
If you could give one piece of funding advice to someone doing their first flip, what would it be?
Trying to help beginners avoid mistakes and have smoother closings.
Thanks for sharing your ...

I’m researching current lending trends for investors across different states.
What LTV, points, and interest rates are you seeing right now?
Curious about the variations based on project type and location.

Tenants should definitely not use common areas to store stuff or use the common area electrical.Document everything via email about notices, and just do everything politely and with respect.

As you mentioned, their margins are quite fat so they should have no problem paying you if you bring them a good piece of land at a time they themselves don't have direct access to it.

If I could do that, I might get the property for what I'd originally intended, plus the owners would get some badly needed money instead of a big fat NOTHING by losing it in the auction.  

Great when your NOI is predictable and you want to preserve ownership.Ideal for:Stabilized value-add dealsProjects with strong DSCROperators who want leverage without diluting equityPreferred Equity = Equity with guardrailsPref sits between common equity and mezz or senior debt.

What is common: buying a percentage of the whole parkThis is done all the time.Example:If the park is worth $5M and you buy 20 percent, you now own 20 percent of the entire business and all 100 pads, not specific pads.This is done through:A membership interest purchase (LLC)Partnership agreementOperating agreementYou become a co-owner, not the owner of specific lots.3.