Nahon Torres
First time out of state investor - Cleveland or Columbus?
3 July 2024 | 54 replies
Trying to convince your buyers that these sub $100k rust belt houses in Detroit, Cleveland, Toledo etc....are better for long term appreciation than one of the most desirable cities on the planet isn't the move.
Bethany Fannin
Commercial Valuation Confusion
5 July 2024 | 12 replies
If you think rents are going to grow 20% per year, every year, for the next 5 yrs, you will look beyond today's value, and start pricing in the future value.Really, most buyers are backing into a desired IRR and/or cash on cash return, and backing into a viable purchase price.
Elton Tate
Do You Disclosed Locked Thermostats?
5 July 2024 | 19 replies
If I need to unlock it so they can set it at a desired temperature, then I need to be open to do so.
Ryan Denman
How to raise money and form partnerships with non-accredited investors
3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
Logan M.
Stop Saying Mobile Homes Don't Appreciate In Value!!!
2 July 2024 | 20 replies
Financing them is also not complicated but some banks/lenders have no desire to fund them.
Nyx Sherwin
Seller Incentives to Move a House
2 July 2024 | 2 replies
You may have put in granite counters when the other homes have laminate which makes yours more expensive but not desirable for the area.
Cherilyn Williams
Tenant with Late Rent Payment Twice within 4 Months!
6 July 2024 | 24 replies
A certain percentage of tenants will pay late, a certain percentage will default, and a certain percentage will require eviction.The “problems” increase as the desirability of the property decreases.
Robert DeBease
Good or Bad Flip in Historic West End of Atlanta
3 July 2024 | 6 replies
If you don't get your desired ARV, are you able to exit another way?
John Patton
Commercial Lot in Glade Spring
2 July 2024 | 0 replies
Sale price: $109,000 PRIME LOCATION- Highly desirable vacant lot with B-2 zoning located just off Interstate 81 (exit 29) Glade Spring, Virginia.
Chris Fitzpatrick
Portfolio Strategy for Next Stage of Cylce
2 July 2024 | 1 reply
Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.