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12 February 2024 | 7 replies
The very few that succeed are on the phone constantly, have good people skills, can take a lot of verbal abuse, get to the point and are organized and good at follow up.It's a bit harder right now, for a couple of reasons, people with low interest rate loans don't want to give up that low interst rate and wholesaling has become the gold rush of today where the people selling supplies to the gold rushers made a lot more money than the gold rushers themselves.Can you make money wholesaling, yes of course, if you do the work and grind it out.
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11 February 2024 | 2 replies
One options you have is organize a large group of investors to offer "Fractional Rights" off as a pre-sale partner offer.
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12 February 2024 | 5 replies
The short answer is "yes"As a company, we've been able to maintain strong occupancy at 97% while achieving organic rent increases of 5.2% across our residential portfolio over the the past 12 months and been able to achieve rent increases on average of 5% while maintaining occupancy of 97% for the year prior to that as well in 2021.In regard to the new acquisitions, our experience has been consistent with the stats as well.
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9 February 2024 | 10 replies
This is the manual input in your underwriting model that reflects the percentage increase your rents will grow each year.Unusually high organic rent growth inputs can be dangerous because it has a compounding effect.Organic rent growth has a compounding effect in your underwriting model.
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10 February 2024 | 8 replies
I did see though, in organic searches for my cabins, that cabins that were new with worse rankings than mine were showing up way in front of my cabin.
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12 February 2024 | 60 replies
They'll more or less likely sell to the next pool of folks that view it similarly, but the ideal investment is selling it to the largest pool of buyers and that's where the city's fundamental growth needs to be organic.
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11 February 2024 | 40 replies
Layla,If you will look up Andrew Lucas here on BP he organizes an effective, well-attended REI meeting here in Columbia.
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9 February 2024 | 8 replies
s direct challenge to you. 1) Your post is literally titled "You Don't have to buy a 400-unit for your first deal". 2) Melanie is calling you out on this one because the deal at the bottom of your "portfolio" page on your website (a reasonable person can infer that it is the earliest acquisition for Next Level Equity) is literally a 236 unit apartment building, which is a little incongruous with the title of your this forum thread you started. 3) Melanie is directly challenging you, stating that she doesn't believe you were involved in the deal.
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11 February 2024 | 41 replies
Since 2006 we've bought over 3,000 properties and much of our success is due to the relationship we've had with their organization.
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10 February 2024 | 16 replies
Or a list of other local REI organizations?