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23 February 2024 | 24 replies
Also, make sure your listing is detailed and includes plenty of high-quality photos to attract potential guests.
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22 February 2024 | 7 replies
@Baskar Krishnan - Flips are doing well (nicely renovated, not just painting walls and cabinets). 80K seems high.
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22 February 2024 | 3 replies
I'm working on projects in florida and ohio. entitled or unentitled is a big difference. we typically look for land in larger tracts in columbus ohio for under 50k per acre. that's mostly rural land that is then entitled through engineering and zoning variances, a huge money maker if you don't do it. entitled land depends on density. lowest I've seen is typically 6 dwelling units per acre and highest I've seen in suburban markets might be 26. i think there is a lot of missing things to answer your questions like how big of projects, but I can give you a very recent lot we featured for investors who build a stacked triplex with us around Orlando and other markets in florida. it was a 43k piece of land on about .3 acres. through planned development you can get a duplex approved it was in poinciana in Osceola county. that's on the small side and it's hard to find land and it wouldn't really increase in value there but that's about 5k or less in fees to get that done. so all in 50k for a 2-3 unit. so 25k a door would be a good price to look at. normally as you buy at scale it gets much cheaper because you are doing all the value and creating something from rural land or wetlands, etc. entitled land typically sells for 11k-13k per door I would say on average in suburban markets on a national average. that is extremely difficult to track but we work with groups in land entitlement all over the country who co -develop with us and we create benchmarks that's more of an internal conservative and we push high density and multifamily to maximize profits on the exit once the project is entitled.
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22 February 2024 | 14 replies
Louis as a good area for investment with high rental outputs for the PP.
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20 February 2024 | 3 replies
I am looking for expert STR management for a high end property in Central Austin.
22 February 2024 | 10 replies
Homes in Tucson with a pool sell quickly, are highly desirable, and worth more.
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22 February 2024 | 7 replies
Saving money in a high-yield savings account is not enough.
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22 February 2024 | 2 replies
Purchase price: $50,000 Cash invested: $2,000 Bought 3 City lots in a city with very high demand for housing.
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24 February 2024 | 30 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
23 February 2024 | 65 replies
This family member will be in a high tax bracket for the next 2 years and then likely a very low bracket in 2026.