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29 September 2024 | 18 replies
Long term rentals, I believe are the easiest, especially in a college town.
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3 October 2024 | 1 reply
These properties are typically bought by individuals or families who prioritize location, size, and condition, making the comparable sales method more reliable.Income potential still matters, and calculating the NOI can help you ensure the property cash flows well if you plan to rent it out.
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3 October 2024 | 0 replies
An NBC News measure of home buying difficulty shows that Hennepin County, where Minneapolis is located, is the second-easiest county to buy a home in compared to the seven counties adjacent to it — even though Hennepin is the most populous county in the state.”Great damn job Minneapolis!!!!
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1 October 2024 | 16 replies
I’m seeking advice on how to fund properties typically priced at $66K or below, as well as properties around $100K or under.I’ve been looking into the BRRR method and Section 8 as potential strategies.
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1 October 2024 | 10 replies
@Sam McCormack I was thinking that would be the easiest way to go about this.
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1 October 2024 | 5 replies
HOWEVER, for 1-4 unit properties comparable sales is the predominant method appraisers use to establish value not income.
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1 October 2024 | 2 replies
I did BRRR method for an awesome SFH in Williamsville NY.
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1 October 2024 | 5 replies
If not, you're gonna run into many more issues that will take longer to fix.2) What is your lead gen method?
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1 October 2024 | 6 replies
.- Low crime, low foot traffic- Access to restaurants, grocery and job (hospital, university, denver tech center, denver downtown)- COC ~5-6%My preferred method to buy is Sub-To, so I would like sellers (and agents) who are ready and willing to consider this.
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1 October 2024 | 12 replies
Then, you'll match that journal entry to the bank feed deposit within Stessa that will most likely flow through your bank account in early October.This method allows you to clearly see your income less all applicable expenses per month per property within your master accounting software.Doing this also has the added benefit of allowing you to catch any mistakes made by the PM as well (we catch mistakes all the time for our Clients that would have otherwise cost them money).Does that make sense?