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10 December 2024 | 17 replies
Maybe if you can prove that you are actively trying to gain compliance, that will get you the much needed time to gather $, time to pull the permit and ppl to perform the work bc they will have a bit of mercy on you bc you are trying to do the right thing.
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4 December 2024 | 16 replies
It creates over-leverage and the performance of one property is dependent on the other.
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10 December 2024 | 25 replies
If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.
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5 December 2024 | 37 replies
So Real estate is the best bet?
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3 December 2024 | 14 replies
So you’d be ok coming out of pocket another $130k and paying $780k for this property if the builders fail to perform?
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4 December 2024 | 8 replies
The new property has to perform enough better than what you have to pay the higher interest rate on the higher balance, AND ADDITIONAL profit just to payback the $65k you lost selling.
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5 December 2024 | 15 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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2 December 2024 | 6 replies
To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.
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1 December 2024 | 6 replies
While BP has a rent estimator as does rentometer.com (both allow a few free uses, I believe), I agree with @Zachary Deal that your best bet is to seek out guidance from either the listing agent or a property manager well-versed with the area.