Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
Christian Jones
Best Property Managers in Columbia
26 December 2024 | 5 replies
These are professionals with additional training and a stricter code of ethics.
Eric Fernwood
December Las Vegas Rental Market Update
23 December 2024 | 0 replies
There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes ALL property types and price ranges.
Sandeep Dhall
Looking for a Property Manager in Cincinnati- 45213 zip code
2 December 2024 | 4 replies
These are professionals with additional training and a stricter code of ethics.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
I'm not opposed to spending the money and have a demo scheduled with them this week, but was curious if anybody else has other data providers that they like better for more niche areas of distress such as bankruptcy, probate, divorce, code violations etc. that I can stack with my current data.I have submitted right-to-know requests with the local counties but only certain information is available and can be cumbersome.
Trevor Davis
The city is claiming my 4 unit is really a 3 unit. What should I do?
19 December 2024 | 4 replies
Code enforcement is now telling me I only have a 3 unit property, so I have to kick my tenant out of the newly upgraded unit.
Adam F.
Anyone have experiencing using a quit claim in Chicago?
19 December 2024 | 12 replies
According to the City of Chicago tax code, it costs $5.25 per $500 of the transfer price.
Tony Vicente
R-8 Zoning Multifamily?
20 December 2024 | 13 replies
Quote from @Justin Williams: Currently in Baltimore City, per Section 9-701 of the Zoning Code, a conversion from single-family to multi-family (two or more units) in a residential zoning district is only permitted in the R-7 through R-10 zoning districts.
Thomas Malone
Anyone experienced with Lee Arnold's system
11 January 2025 | 55 replies
The day before I arrived, I had no choice but to text Chris and ask him for the lockbox code.
Steven Catudal
Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
It’s not an area that you can say this zip code or this neighborhood is good or bad.