Robb Almy
Are You Bullish or Bearish on prices in your area in the next year?
13 July 2024 | 7 replies
How many active buyers/sellers is more of a short-term impact, just like interest rates and other things and leading to annual fluctuations.
Marika Aubrey
New member looking to BRRRR upstate NY
12 July 2024 | 16 replies
Ithaca is like another planet.STRENGTHS- appreciation is pretty much guaranteed, no matter how crummy your property is- student housing isn't restricted, they'll live anywhere- having an ivy league school means there's a lot of money flying around- rent is high- tons of development and growth going on- strong STR performance outside the city properWEAKNESSES- almost absurdly high prices- similarly absurdly low cap rates- pesky annual inspections required on multifamily properties- most deals happen behind closed doors, and agents tend to be very unhelpful- 5-7% cap rates typical, sometimes lowerSummary: Ithaca is a great market to park your money in and wait.
Laura Casner
Estimating operating cost on a new construction STR
11 July 2024 | 10 replies
If the cabin is brand new, figure 5 percent of annual rents for repairs and maintenance.
Terra Padgett
Private Lending to JWB Real Estate
11 July 2024 | 11 replies
Paid annually. 1st position.
Ryan Edwards
Investing Criteria Update - You minimum requirements
11 July 2024 | 1 reply
Hi all,A long time ago Brandon Turner (@BeardyBeandon) mentioned his minimum criteria for investing was: * $100/mo/door cash flow* 10% CoC annual return I’ve used that as a guide since I heard that… thank you Brand Turner!
Dylan Ritch
How do I know what kind of investing is right for me?
12 July 2024 | 23 replies
Let’s use fictitious $100k property (we will ignore closing costs for this example) that goes up 10% total (this is less than 5% annual due to compounding) in 2 years.
Raeshelle C.
Would you take out a business loan as a down payment?
12 July 2024 | 18 replies
A 5-unit investment property with an asking price of $352K and an annual net income of $33706 is listed on loopnet.
Paige Seeley
First rental property guidance!
13 July 2024 | 9 replies
1) At least annually, preferrably 60 days or so before lease renewal, so you do NOT renew someone who doesn't take care of the property.
Karen Kushner
1st Rental Property Deciding on Rates and Terms
11 July 2024 | 5 replies
Our projected rental income is about 75K annually.
Tzvi Friedman
Is a 10% Cap Rate High for a Triple Net (NNN) Property with Sale-Leaseback?
11 July 2024 | 1 reply
It is a single-tenant property with 4.8 years remaining on the lease, which includes 3% annual rent increases.