David Judge
Single occupancy as a requirement?
5 June 2024 | 6 replies
A 12 x 15 bedroom can easily fit four kids in bunk beds or two teens/adults, whereas a 10 x 8 room would be really tight.
Marcus Auerbach
Newbies: investing is not rocket science - don't let the gurus tell you otherwise
11 June 2024 | 116 replies
You pick a solid one with upside potential (good location, quality home) and sit on it for awhile.It's not as sexy as everyone wants it to be.
Michael P.
Ready To Get Started In Ohio!!
2 June 2024 | 112 replies
Again, lower your expectations.Good luck Just spent a few hours stalking the new properties we brought to our PM book.Bloody nora mate, hard to believe what folks are buying and where and for how much 🤷♂️First time in 10+ years that I actually started getting worried a bit about our market.I mean, we are talking D class stuff selling for $80,000+All off the MLS also.Toledo got some sexy PR this year but this is insane.Can't sell turnkey in B class for sub $100,000 if my life depended on it.But D class run down $%#@ off the MLS selling for $80,000 all day long.And some solid comps to support this $#%@ also...PM is booming so we will ride the wave.Surfs up 🏄What a shame though....
Jim K.
GENERATIONAL WEALTH: Do you worry about your kids?
31 May 2024 | 111 replies
I was not taught anything about investing or tax strategy as a child/teen, only to save money and don't buy unnecessary things (which is an extremely slow way to build wealth).
Jeff S.
Living off rentals
31 May 2024 | 187 replies
Becoming self sufficient slowly, and conservatively is not sexy but it does work.
Tyson Scheutze
Insights from IMN: Single Family Rental Forum East
28 May 2024 | 6 replies
Their core product funds return low teens IRR.
Tom Jensen
Whole Life Insurance as a Foundation for Real Estate Investing
4 June 2024 | 221 replies
If you get a loan to buy the real estate you would even get interest deductions, while the renters are paying down your debt making your IRR in mid teens.
Brandt Tingen
Vacation Rentals in Poconos PA
26 May 2024 | 16 replies
@Jerry Padilla Idk about this logic, I mean timeshares typically feature a lot of properties in sunny places and sexy beach locales, so I could easily see how the Poconos would be further down on the timeshare totem pole.
Chris Mason
$4m Los Angeles Shopping Center 6% Cap Rate Acquisition - Financing Survey/Review
22 May 2024 | 0 replies
The mortgage terms might be a little better if the buyer got the big sexy national tenant with 17 years left on a NNN lease, but that's not our scenario. - 6% cap rate reflects a nice safe part of Los Angeles, California, a prudent investment, not one that will make anyone rich overnight, but a place that higher net worth individuals park wealth to preserve it (imagine the depreciation write-off). 6% cap rate also tells us, right off the bat, that we're going to be in the ballpark of 60% LTV.- We will stipulate that this is hypothetical.
Forest Wu
How to find offmarket syndication opportunities with great GPs/operators?
22 May 2024 | 74 replies
And like Chris notes, if you start getting added to a dozen syndicator lists, all of whom are buying large-scale, Class B, Value-Add Multifamily deals in the suburbs of major metros, and 2-3 are projecting 30% returns, 2-3 projecting 20% return, and the remainder are in the mid-teens, I would really dig hard as to what is going into those 20-30% projections.