12 January 2023 | 5 replies
Contact the utility provider and get an historical average based on the last year of use.
1 October 2022 | 6 replies
These data points should give you a sense of the demand.
19 April 2022 | 9 replies
The tenants that were the apparent victims tenant B sent me a picture of where they were parked in the back (where they have always historically parked) and they were not in the way of this tenant from getting in and out of the driveway.
4 December 2022 | 11 replies
Often you run into the issue where appraisers are using MLS rentals for comps since that is the data they have access to, and in many markets for the last couple years landlords have just rented properties themselves versus hiring an agent.
2 May 2022 | 19 replies
@Katie BustosMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.
5 March 2022 | 23 replies
Keep it close, keep it safe, keep it simple....You did not give enough data to give any deeper answers...
20 March 2022 | 4 replies
Do not rely only on AirBnB data....what if the owner got most of their booking from VRBO?
23 March 2022 | 12 replies
Should I take that data to mean that I could probably do just as well operating an STR here as I could in a vacation hot spot?
10 April 2022 | 20 replies
In this example, one will need to double rent (average annual increase of 20% for five years) to triple NOI assuming the dollar cost of expenses remain the same (which they won’t).To be clear, I am not predicting doom and gloom but increasing interest rates, potential recession and an increase in cap rates (from historical lows) is a legitimate reason for concern.
29 March 2022 | 4 replies
Bank's generally like to see leases and income data for investment properties but with AirBNB it's not as secured.