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23 September 2024 | 5 replies
Its like asking whats a better career for someone who you know nothing about and they say they want to play in the NBA but you learn they are 4 feet tall.
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24 September 2024 | 17 replies
We use and are happy with Avail as a lease management platform for when we get a FF renter, but it doesn't play well with the OTA booking platforms (which are becoming greater sources of residents for us).
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24 September 2024 | 11 replies
This long-term play has less risk for someone just starting out.
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25 September 2024 | 16 replies
I can justify any price (and some high fee syndicators are still doing so), if I just play with assumptions, prepay and buy down my interest rate, and hope that sub-5% cap rates will be returning in the next few years.But if you know your market and market cycle, have an idea where interest rates may be going (this is an educated guess for all of us), and then have your assumptions, you can certainly have the conversations you reference with brokers and see what their take is on pricing and if it is worth writing.Finally, I have said this before and will continue to say it, whether we are talking single family homes or 400 unit apartment complexes, off-market purchases do not make something a deal.
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27 September 2024 | 14 replies
Deposit AmountThose are the 4 items you have to play with that do the negotiating.
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21 September 2024 | 33 replies
You do have to play the markets in terms of States/Neighborhoods.
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20 September 2024 | 17 replies
.- AirDNA is more accurate in areas with more comps and less variation in amenities and unique properties.- Check results against enemy methodBest of luck!
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21 September 2024 | 69 replies
Nothing wrong with that - it kinda “plays it safe”.
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21 September 2024 | 0 replies
Well my guy that I helped found it on Facebook marketplace the guy was only asking $9,000 and I basically told him I liked it I wanted it and the seller tried to play the smooth saying I've got a bunch of buyers and the price went up and I basically told him to take it or leave it and I bought it for 10,000 bucksHow did you finance this deal?
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22 September 2024 | 15 replies
Air Conditioning, if an city is hit or miss with A/C units does this play a large factor on rent and/or property values?