Rich Davis
More Insurance tightening
22 December 2024 | 2 replies
Our biggest climate risks in central Texas are typically wind and hail, so anything of concern regarding the roof could get an applicant declined including trees too close to the roof surface, roof over 10 years old, etc.
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
Total Revenue to date for airbnb ArbritageSo this is the part that a lot of people care about INCLUDING myself, so I've been really successful I can say that I have done a great job with researching and expanding so far, in I have made in total revenue *drum roll please* $204,301.84 with profit averaging around 20-35%.
Maxine Antoine
New Member From New Jersey
27 December 2024 | 20 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Jessica Wix
Investment Property 3
21 December 2024 | 1 reply
Home includes 2 lots so potential of building other home next to it someday.
Lindsay Wright
Subcontractor Agreement Template MA
21 December 2024 | 2 replies
These templates cover various aspects of subcontracting, including responsibilities, materials, and liabilities3.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Ben O'Neill
How to calculate ROI with multiple loans on purchase property?
19 December 2024 | 5 replies
My suggestion is to build a spreadsheet and include the net cash flow to you for every month of the deal, then use the IRR function to figure out your return.
Jacqueline Henderson
I am new Here
23 December 2024 | 10 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Alex Iverson
Reelvest, Land Conquest, Turning Profit, Pete Reese
24 December 2024 | 4 replies
Gross profit is interesting because it appears to just be the difference in his acquisition and sales price and fails to take into account the other obvious cost of running that business which includes, again according to him, the cost of over 26,000 letter print, mail, post, and the cost of the lists needed to create a mailer of that size.
Jevani P. Barron
Wholesaling Advice Needed: Navigating Buyer Recommendations
21 December 2024 | 6 replies
Similarly, earnest money wasn’t included as part of the contract.The potential buyer’s suggestion to switch to his contract, which includes a fee to me, seems to be because he plans to sell the property to one of his investors.