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20 January 2025 | 12 replies
Build a strong team, including agents, lenders, and property managers, and use tools like the BiggerPockets calculator to analyze deals.
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17 January 2025 | 28 replies
We're in the process of building a small cabin and Minoan has been landing in my email a lot lately.
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10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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14 January 2025 | 3 replies
Over 2K a month in costs savings to the building.
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15 January 2025 | 3 replies
Insights on cap rates for apartment building in 44313?
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21 January 2025 | 8 replies
You have a great group of people to help you and build a successful portfolio.
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8 February 2025 | 12 replies
Build new brick mailbox at front of property8.
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27 January 2025 | 12 replies
@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.
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9 January 2025 | 1 reply
It can help build some incredible relationships and really learn some great tips from the pros!
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25 January 2025 | 12 replies
Along with your list, consider building a local team in each market to make managing your STR easier.