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11 October 2024 | 11 replies
I would say take a deeper dive into the nearby product and see if there is a premium in rents for a duplex unit versus an apartment.
10 October 2024 | 0 replies
By reallocating the proceeds from the sale, you can enhance your investment strategy and capitalize on stronger prospects.6.
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7 October 2024 | 1 reply
These upgrades have enhanced the property, making Tyndall Pointe Townhomes a unique and valuable asset with an opportunity to acquire below replacement cost.
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10 October 2024 | 8 replies
Regarding bookkeeping/accounting, 100% of the feedback I've gotten from REIs who have tried to have a VA help with their bookkeeping is they had no clue what they were doing and they caused more issues than before they were involved.There are great groups out there such as the "Bookkeepers for Real Estate Investors" Facebook group where VAs can get the education they need to be productive within REI bookkeeping.
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13 October 2024 | 9 replies
The average price per land for urban infill going 6-12 stories high on a higher density product is about 5 million an acre up to about 25 million an acre. downtown market premiums I've seen at the highest are 1200 a sq ft. in columbus you can get land about 1.5 million per acre downtown at best price, sells for about 600 a sq ft max, very little competition compared to miami. tampa I didn't really look at too much because miami has 22 zip codes that you can build at least 6 or 8 stories on and just a much better landscape than other markets. tampa is a little bit bigger than columbus but in my opinion more of a suburban market. miami is landlocked and very limited so everything is in redevelopment. both are amazing opportunities but the barrier to entry is much higher in Miami with the smallest plots of land infill going for at least 1.5 million I would say in areas like Wynwood Norte, Wynwood, etc. we looked all over but prefer east of 95 due to the condominium opportunities. multifamily is very strong in both markets but the condo premiums make it almost silly not to do one from the start and the use of deposits versus a single asset lease up and disposition is a longer sales cycle than the condo buildings being sold out prior to completion.
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3 October 2024 | 7 replies
I started looking into the FHA streamline product and spoke to my lender about it.
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6 October 2024 | 2 replies
Collaborating with a local investor can definitely enhance your efforts and provide valuable insights into the market.
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8 October 2024 | 0 replies
From residential property management to commercial real estate transactions, the ripple effects of enhanced data privacy regulations are creating both challenges and opportunities.A Global Push Towards AccountabilityThe call for stricter data privacy laws has been brewing for decades, but in the wake of high-profile data breaches and scandals—such as Cambridge Analytica and the Equifax hack—governments around the world have made privacy a priority.
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8 October 2024 | 2 replies
Often you can find other with pocket listings for deal on the forums as well.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.
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6 October 2024 | 1 reply
This approach not only enhances the potential for financial success but also cultivates a deeper understanding of the real estate landscape, empowering investors to make choices that align with their long-term goals.