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8 March 2024 | 9 replies
Contact the utility provider and get a historical average based on the last year of use.
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8 March 2024 | 121 replies
But this is all backed up by historical trends and data.
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8 March 2024 | 10 replies
Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.
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8 March 2024 | 11 replies
Tell the broker you cannot make a fair price valuation without the historicals.
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7 March 2024 | 4 replies
As I understand it has something to do with historical banking regulations.Good luck.
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7 March 2024 | 5 replies
We went from a historic less than 50% collection month over month, to our highest collection of 80% in a given month.Today is March 6th and we collected 32% of the rent - A major increase.
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7 March 2024 | 7 replies
Education and research hours, "managing the property manager" all have failed under audit historically.
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7 March 2024 | 35 replies
Here is what I’m wondering: historically how have DSTs fared during down markets vs up markets.
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7 March 2024 | 29 replies
It wouldn't let me tag him on here. https://www.biggerpockets.com/forums/12/topics/1173593-begin...Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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4 March 2024 | 6 replies
Any suggestion on the best way to look up historical comp value of a home?