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19 January 2025 | 14 replies
to be clear - lots of other issues, lots of other challenges, and BRRRR is difficult right now with interest rates so high.
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13 January 2025 | 30 replies
The reality is about a year ago landlords could sell their properties at a high price without actual NOI.
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19 January 2025 | 2 replies
During this time, I found myself unemployed and having difficulty finding a new job due to not completing my degree or having formal training beyond high school or military.
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16 January 2025 | 7 replies
I am a highly motivated individual, however, and I'm dedicated to getting into real estate investing.
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14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!
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24 January 2025 | 36 replies
If you decide to use them as managers who take a % of nightly rates, I HIGHLY recommend asking them about ALL fees that they charge - including the fees that "Guests pay".
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16 January 2025 | 6 replies
My answer would certainly be highly dependent on his own emotional make up, his desire to relax and travel, his willingness to delegate and outsource, etc.
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14 January 2025 | 6 replies
Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.
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13 January 2025 | 1 reply
Its market-ready condition and strong local demand made it ideal for a fast, profitable transaction, aligning perfectly with Partner Driven’s strategy of securing high-yield properties in promising locations.
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17 January 2025 | 5 replies
That way, there is some type of cushion to help against any high usage months, should they just happen to use more than your previous tenants did, or if you unfortunately get tenants who abuse the "utilities included" opportunity.