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16 September 2024 | 28 replies
He has 800 members to date so I guess if all 800 were actively attacking the list it might not produce the results your looking for but as an investor if I could get 1 or 2 deals out of this list I might be worth it?
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13 September 2024 | 12 replies
The property has under produced based on the P/L of the last three years
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13 September 2024 | 0 replies
Properties in areas undergoing revitalization are especially attractive for investors looking to buy low and achieve high nightly rates.Regulation-Friendly Market: Compared to many other large metros, Indianapolis has relatively relaxed short-term rental regulations, making it easier for property owners to get into the market without facing excessive restrictions or permitting hurdles.
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20 September 2024 | 73 replies
Then you have your top producers who have been in the business for many years and conduct 10x the business of the "average agent".
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15 September 2024 | 38 replies
Typically the property needs to produce 25% more cash flow than the expenses and the loan goes up to 75% of the value.
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13 September 2024 | 5 replies
Or is there going to be understanding for digging deeper when the initial screening process produces these apparent inconsistencies?
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12 September 2024 | 7 replies
Fun area where you might attract young professionals who want to rent by the room.
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13 September 2024 | 20 replies
There was a thread going that asked if folks would rather have:- A $3M equity portfolio that produced breakeven cash flow.- A $1M equity portfolio that produced $15K per month.Many people chose the second option.Another way of phrasing the question is:“Would you rather have $3M or $1M?”
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12 September 2024 | 6 replies
I appreciate your emphasis on considering factors beyond just initial numbers, such as property management availability and long-term appreciation potential.Your point about Detroit's attractive price-to-rent ratios and ongoing revitalization is intriguing.
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14 September 2024 | 19 replies
You just do not want there to be any confusion about the deal points that made the deal attractive for you to buy in the first place.