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12 July 2024 | 79 replies
You can submit your info here: https://airtable.com/shr2uOqeO...Have you question video ready to upload when you submit.You can also post your question below!
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11 July 2024 | 8 replies
Here's a good video analysis of the bill I just found:
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8 July 2024 | 3 replies
I would want a park that would be mostly full year round... but those probably aren't for sale too often.2- Accuracy of the financials.
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11 July 2024 | 9 replies
For what it's worth, some ideas I've seen pitched are grocery bundles (e.g. a breakfast bundle for 2-4 people with eggs, bacon, bagels, cream cheese, and OJ all pre-stocked in the fridge), meal kits, a pre-stocked drink fridge, charcuterie boards, premium coffee selection, bike/e-bike/scooter/kayak/canoe rentals, video game consoles, upgraded work-from-home office amenities (e.g. oversized computer monitor), etc.I'm not a lawyer, but cocktail kits, bottles of wine, local craft beer, and other alcoholic items seem like they would fall into a grey area from liability perspective.
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9 July 2024 | 2 replies
Advanced tools like machine learning and AI enhance the accuracy and reliability of predictive models.Psychological Benefits of Thorough Due DiligenceBuilding ConfidenceComprehensive due diligence boosts investor confidence by providing a deeper understanding of risks and rewards.Supporting Subconscious Decision MakingData supports intuitive judgments and enhances the overall decision-making process.Reducing Fear and Increasing CertaintyBeing well-prepared with data reduces fear and increases certainty, leading to more confident decisions.ConclusionThorough due diligence is crucial for making smart and safe investment decisions.
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9 July 2024 | 3 replies
Peter - I would start by reading a few multifamily underwriting books and watching a few underwriting videos on YouTube.
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8 July 2024 | 3 replies
That being said there are also bad deals in any area, here included.I would run your numbers based on historical data from airbnb - pretty easy to check on airdna or even just going in the airbnb app and seeing not only what nightly rates look like for certain properties but what their occupancy is - from there you can estimate monthly revenue with a reasonable degree of accuracy and see if that lines up with your targeted returns.
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9 July 2024 | 21 replies
@James Wise The owner of Holton Wise Property Management (a very large very well respected property management firm in Ohio) has tons of examples of this on video on his website.
8 July 2024 | 4 replies
Land can be tricky to appraise, and the accuracy of your estimates has a lot to do with how much profit you will or won't make.If there's a specific issue you're stuck on, let us know and maybe we can help!
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12 July 2024 | 155 replies
Especially the ones in the mountains, she would go video the properties for us, which was very helpful to not have to drive out to get a feel for it.