Logan Boblett
10 Year Experience GC & Newbie to Real Estate Investing
25 July 2024 | 2 replies
Good contractors are tough to find, so this is the perfect platform to establish credibility among the investor community.
Frank Barletta
Reviewing Parma, OH for Investment Opportunities
27 July 2024 | 19 replies
This scenario forecasts a potential 9.85% cash-on-cash return for an all-cash investment.Additionally, with a more extensive renovation, the property's resale value could surge above $200,000.This is just one example, but the above data showcases its potential as an excellent market for single-family home investments.
Jon Brys
Storage Deal (First Time Underwriting) @Henry Clark
26 July 2024 | 0 replies
See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.
James E.
Lessons Learnt as a NewBie
25 July 2024 | 2 replies
In that regards I would rather prefer to build a mutual beneficial connection rather than one that only benefits one side, even as a newbie there's something that can be offered that is of value.And I would rather that you're blunt rather than sugar coat things, in several discussions I found instances where wholesalers took advantage of sellers through P&SA contracts, inspection clauses and closing dates and were unable to fulfill there obligations to the sellers and preventing the seller from getting other buyers during the validity of the contract, I means it's quite unfair.But there where other instances where wholesalers had built credibility by the manner in which the death, I mean that is what builds a good relationship and make room for future referrals.I would still like to know your thoughts on Wholesaling and wholesalers, please do not sugar coat, let it out just as you see it. it.
Account Closed
Germany
28 July 2024 | 25 replies
I'm creating some excel lists and wish I could exchange ideas about investing in Germany.
Julie Muse
Springdale Forrest Circle: Profitable Flip with Robbie Vekselman!
26 July 2024 | 0 replies
Acquired for $93,000, with only $993 allocated for renovations and a resale value of $150,220, the property offered excellent profit margins.
Vonetta Booker
Self-managing a property long-distance - any suggestions?
28 July 2024 | 25 replies
In my opinion I feel you should do an extensive search to find someone good; possibly based on a credible referral.
Julie Muse
Seattle Street Success: Profitable Flip in Modesto with Seth Choate!
26 July 2024 | 0 replies
Acquired for $155,000, with only $3,000 allocated for renovations and a resale value of $180,000, the property offered excellent profit margins.
Ashek Elahi
Is Florida a good market to start a STR
27 July 2024 | 16 replies
Pinellas County (Gulf Coast Central FL) is an excellent place to start.
Season Price
Anybody have issues with Plastiq?
26 July 2024 | 6 replies
Aven did NOT excel in that category.