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29 January 2025 | 22 replies
Yes, I also feel hesitant about letting other tenants know that I am the property owner.I agree that targeting areas with good neighborhoods and higher class ratings is a safer choice.
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30 January 2025 | 19 replies
As you begin you REI journey here is a piece of advicecheck out this website for a great over view of a city https://www.areavibes.com/This website gives you a total livability score and you can see things like crime rate, housing, walking score and more.Best of luck!
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22 January 2025 | 1 reply
This could cost around $500 to $1,500 per unit, depending on the size and complexity of the project.Certifications: There may be additional costs for certifications (such as HERS ratings) or third-party testing to verify the energy efficiency of each unit.For a 90-unit project, you could be looking at costs in the range of:$45,000 to $135,000 for energy modeling and certification (depending on the cost per unit).For a 112-unit project, the costs would likely be:$56,000 to $168,000 for similar services.Tax Credit Calculation:If you meet the energy standards, you can claim up to $2,000 per unit.
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23 February 2025 | 39 replies
They have full time staff dedicated to seller/owner outreach and relationships...dialing all day every day.Seems like there would be lots of opportunity in SFR and apartment space in your market with interest rates nearly double caps rates.
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28 January 2025 | 14 replies
I like the space as this is pretty fragmented vs MH, so cap rates seems to trend higher.
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22 January 2025 | 2 replies
As tourism grows, seemingly so does demand and nightly rates.
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23 January 2025 | 2 replies
Quintessential coastal PNW with beaches that are among the top rated anywhere.
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23 January 2025 | 6 replies
Note if you go over 4 units, your valuation will be based on NOI and comp rate.
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28 January 2025 | 10 replies
@Amir PortalFort Worth (Southside): Affordable entry points with growing rental demand due to development and school proximity.Arlington: A solid mix of price points and strong rental potential, especially near UT Arlington or entertainment districts.Focus on areas with rising population growth, job opportunities, and low vacancy rates.
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21 February 2025 | 9 replies
I joined this community because I want to get my hands dirty and not just meet people online but form some real connections and try to provide value back to those that are willing to offer me advise and guidance, and even encouragement.So, this is my current situation:Back in 2020 I was one of the fortunate ones who purchased real estate when prices were still low (compared to today) and interest rates where at 3% or below.