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15 August 2024 | 0 replies
Listings are selling for roughly 94% of their list price on average.
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15 August 2024 | 7 replies
I would be happy to speak to the potential tax / cost seg benefit..If you are going for the STR strategy, you will want to make sure that the average stay of your rental is less than 7 days.
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15 August 2024 | 2 replies
Our lawyer who drafted the lease (for stays over 14 days) added a clause stating almost the same thing about maximum amounts of utilities paid based on the year average.
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15 August 2024 | 86 replies
Over the last 20 years, I would guess my vacancy rate averaged NO MORE THAN 2 weeks.
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15 August 2024 | 17 replies
I’m in a rather rural area so my rates may be a little lower than average.
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14 August 2024 | 1 reply
When I first started my real estate journey in 2018 and started listening to BiggerPockets Real Estate podcasts, I was only familiar with Cash on Cash return.Once I actually entered the game in 2020, I quickly realized that there were many more calculations to take into consideration:ROI - Return on InvestmentROE - Return on EquityIRR - Internal Rate of ReturnEM - Equity MultipleCap Rate - Capitalization RateCoC - Cash on Cash ReturnAAR - Average Annual Return(I’m sure I'm missing some)I still struggle to juggle all of these calculations today.Developers, syndicators, flippers, etc., will all have different preferences.Which key calculations do you prioritize on when analyzing your deals?
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14 August 2024 | 6 replies
I'd get the 12 month average from the utilities and determine a new Monthly amount added to rent.
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19 August 2024 | 3705 replies
Look up the average SFR price 5 years ago and compare it to the average price today.
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14 August 2024 | 1 reply
According to the latest data, annual asking rents for apartments across the nation increased by 10 basis points, bringing the average growth rate to 1.2%.
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15 August 2024 | 18 replies
I have a 4bed/3.5 bath, and the average stay is about 4 days.