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27 December 2024 | 18 replies
I suggest you go back and re-read my original post.
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20 December 2024 | 3 replies
In some places, from what I read in Forbes, even a finished outbuilding might be noted separately rather than rolled into the main house’s footprint.
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21 December 2024 | 3 replies
I read an article in Forbes that talked about how certain areas can transform quickly if the fundamentals line up.
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21 December 2024 | 1 reply
I recall reading in Forbes that major foundation fixes can add surprising value, becuase it addresses the single biggest fear buyers have.. a shaky structure.From my three decades in fix-and-flips, Ive noticed how important it is to have a team you trust.. from attorneys who know probate deals to realtors willing to drive for dollars with you, scouting hidden gems.
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20 December 2024 | 8 replies
Quote from @Chirdeep Bhutani: Maybe a very basic question, but I have been reading for a while that it's a good time to get into Commercial real estate because you are getting better cap rates now.
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26 December 2024 | 18 replies
From what I've been reading, cap rate is not a reliable metric for STRs.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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12 December 2024 | 6 replies
No loan officer is influencing me on how to commit loan fraud I did say that they did in fact inform me that I'd need to hold employment in the state.
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15 December 2024 | 8 replies
Also most people employed, so even if it is a struggle they can still pay the bills.
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19 December 2024 | 7 replies
I am new to this and have been reading and researching.I have a meeting set up with Praxis Capital.Has anyone invested with Praxis Capital and if so just wondering about your experience.Thank you Louis, did you ever invest with Praxis Capital?