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28 December 2024 | 7 replies
My goal is to build a data-driven tool that provides actionable insights into which neighborhoods and property types are in the highest demand, based on metrics like:Time on market: How quickly rentals are being leased.Property characteristics: Bedrooms, bathrooms, size, and amenities.Pricing trends: Rental rates relative to market demand and property features.Visual quality: Leveraging property photos to analyze the style and condition of rentals that perform well.The tool will allow users to:Pinpoint areas with the fastest rental turnovers.Understand what types of properties (size, price range, features) rent the quickest.Gain deeper insights into property presentation and amenities that correlate with high demand.Thank you in advance for your feedback.
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28 December 2024 | 1 reply
This allowed me to get a construction loan to repair the other buildings and repay my investment into the property.
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9 January 2025 | 44 replies
that will not cash flow - you won't be generating "cash flow" from the property that will go beyond servicing the debt and allow you to pay down any principal.
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28 December 2024 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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5 January 2025 | 33 replies
The Cleveland market would allow you to hit those numbers easily.
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8 January 2025 | 34 replies
Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.
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31 December 2024 | 418 replies
Reg D 506 b allows "self accreditation".
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31 December 2024 | 9 replies
Assumptions: specifically allowed in city ordinances, mobile home manufacturing in the area, or that someone heavily marketed that area as a retirement location in the past.
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30 December 2024 | 6 replies
Years ago we didn't require it and just recommended it to the tenant, but it's so cheap and gives our insurer something/someone to abrogate against should we have to make a claim that we don't allow it to be optional anymore.