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15 October 2024 | 8 replies
I am seeing a ton of investors spending money on education to get into bigger deals at an accelerated rate only to retreat back to buying the properties that were of appropriate size and undertaking.
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16 October 2024 | 11 replies
Is 3bd/2bath(They are able to count, mine is 2bd/2bath with attic(due to slant of roof cant technically count as bedroom), Small deck.Same sqft, same lot size, 2 blocks awayComp 1 is the best and most recent sale.Comp 2-(Sold at what Im looking to list for)I was not in this house so I'm not as familiar with it. +100sqft. 4bd/2bath. carpet throughout house.
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12 October 2024 | 2 replies
Does anyone have experience or advice on how to choose the right size?"
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13 October 2024 | 2 replies
An insurance broker explained this to me in the past as the law of large numbers which suggests if a a carrier has significant enough exposure in a market the probability of claims arising will be more consistent with probabilities calculated in their underwriting than a when a smaller sample size were to exist.
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16 October 2024 | 9 replies
Even if the credit card debt was $0, your DTI is way too high to qual for any new traditional/conventional loan until the units are rented.If youre going to keep this duplex, I'd focus on getting one of the units in service as fast as possible.It sounds like there is currently a decent-size lien ($7300/month) on the property.
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13 October 2024 | 1 reply
Hello colleagues, we manage a medium size apartment (73 units).
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13 October 2024 | 12 replies
Not sure of size of unit, but have you considered smaller tanked units?
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14 October 2024 | 9 replies
I do however agree with you that there’s no one size fits all approach and depending on the type of business that’s operated and location, the correct strategy may vary.
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17 October 2024 | 10 replies
On the Development risk side, I told her I would never put us into less than a breakeven deal potential.Development there are far too many moving parts even though our process control is broken down into bite sizes.
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12 October 2024 | 15 replies
The contract really should set the table on what working with that PM will look like.