
4 March 2024 | 2 replies
Hello Shawn,Congratulations on going under contract.I do not quite understand your question, but if you are asking how to increase cash flow:1) Find out how much tenant is paying in rent.2) Run a rental market comps and find out what is market rent.3) If there is a difference between 1 & 2, then present that to the current tenant and offer them slightly below market rent if you would like to keep them rather then having your property sit on market for 30-45 days to get it rented.

9 March 2024 | 261 replies
@Engelo Rumora@Don Konipoli think that a major contributing factor is that new investors start with the older BP content from the beginning - Brandon Turner in 2016 - where you buy any property on the MLS, cash flow $250 a month, and then it goes up 45% over the next 3 years.the current content has moved away from this.

4 March 2024 | 2 replies
Average DOM around 45 with average homes getting 1% under list and pending in 45 days, and hot homes are getting an average of 1% over list and pending in 6 days.

3 March 2024 | 7 replies
So, I told him I would pay full retail only if I can cash flow the properties by having a payment no more than 45% of current rents ( not projected rents) and at zero percent interest.

4 March 2024 | 10 replies
I sold 3 of these just in the last 45 days alone with very complex underwriting and it takes time to understand it but same strategy.

3 March 2024 | 2 replies
So if a property had $1,000,000 in effective gross income, I would expect the operating expenses to be around $450,000 (45% of income).What expense ratios are typical in the markets you are buying in?

2 March 2024 | 3 replies
I do have an s-corp for the past 4-5 years, but it’s more like a hobby now.

2 March 2024 | 32 replies
While the short-term vacation rental unit is rented, a local contact person needs to be available 24 hours per day, seven days per week, to respond within 45 minutes to complaints regarding the condition, operation, or conduct of occupants of the short-term vacation rental unit or their guests.

2 March 2024 | 43 replies
In fact, if appreciation is just 4-5% per year over the next two years, it almost certainly will.That's almost certainly what your syndicator is assuming - 4-5% rent growth/ NOI growth per year, levered to the the max, and/or cap rate compression (which is the same as appreciation in your duplex world).