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30 December 2024 | 12 replies
You give vague answers to specific questions.For example, when someone asks about potential rent, and they provide enough information for you, don't respond with an extensive range.
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18 December 2024 | 13 replies
It's not a real common concept here in DFW area, but I love it.Buyers have no downtime, no rent rate risk, lower vacancy risk, potentially instant cash flow day 1.
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22 December 2024 | 2 replies
But if you’re going into a 7% loan with little cashflow or appreciation potential I would look for a different buy box.
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21 December 2024 | 1 reply
In your case, it sounds like a similar story.. you identified a property with potential, tackled the structural work, and brought it back to life in a way that justifies a higher price.
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18 December 2024 | 1 reply
Bought it as a potential long term / medium term rental but now are looking to just flip it!
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27 December 2024 | 22 replies
Higher/lower potential?
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30 December 2024 | 7 replies
For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).
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20 December 2024 | 2 replies
Just like when evaluating a potential purchase you should be performing the same due diligence with rents.
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24 December 2024 | 25 replies
Focus on STR-friendly areas like Newburgh or Highland Lakes, and use platforms like AirDNA to assess revenue potential.
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31 December 2024 | 11 replies
Look for properties with value-add potential, plan renovations carefully, and use tools like the BiggerPockets Rental Property Calculator to analyze deals.