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2 November 2024 | 19 replies
COCR is good compared to my original investment on all of them and rents have steadily been increased but If I do a ROE calc, it’s really only around 3.5-4% on average.
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4 November 2024 | 13 replies
Everything would sell eventually, but I usually had to list it at 50%-60% of 'market value' (what it had been worth before the crash), which meant it was very important to buy it at a huge discount in the first place.Even when listing most vacant lots at a discount, the average time on the market was 6 - 9 months.
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31 October 2024 | 37 replies
They certainly display an impressive track record and have a deep bench when it comes to industry experience.
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2 November 2024 | 28 replies
Hello I am new to the investing industry and have been reading/listening to podcast and reading forums.
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2 November 2024 | 4 replies
They stay longer than low income cash payers on average, but they beat the snot out of your house while they are there.
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1 November 2024 | 48 replies
If your STR averages 30 days or less, this is considered transient and therefore, 39 years (nonresidential).
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1 November 2024 | 4 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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31 October 2024 | 29 replies
@alex @Alex GuerreroOn average, realtors will sell your home for 15% more than a FSBO will.
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1 November 2024 | 14 replies
Presenting average deals of : Puchase price 350-400,000.
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30 October 2024 | 236 replies
What will that do to real estate industry?