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12 January 2025 | 8 replies
A real estate business can also potentially generate a SOLO IRA or something like that.
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9 January 2025 | 0 replies
Trusted by 50+ businesses across [region/industry]."
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7 January 2025 | 7 replies
I think you just have to work it in as the cost of doing business.
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10 January 2025 | 13 replies
Most of the time a newer or unsuccessful agents will host open houses as they build their book of business.
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6 January 2025 | 77 replies
The best way to grow your business is to help people and give solid advice in the forums.
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13 January 2025 | 30 replies
They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.
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13 January 2025 | 8 replies
All too typical park owner who took all the profit out of the park without reinvesting in the business then wants to sell you the potential he was too cheap to invest in.
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13 January 2025 | 17 replies
If the proforma has the rent roll at $1400 a month, there is a discrepancy that could lead you into a bad assumption on your business plan.Also one caveat, be aware of physical delineations around the area like bridges or railroad tracks or a canal.
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26 December 2024 | 8 replies
Once the above skills and tools are acquired, understanding the sequential process of the development along its timelines and costs needs to be correctly implemented.
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15 January 2025 | 18 replies
Examples might include areas in the Midwest, Southeast, or Sunbelt regions.Multifamily Properties: Consider duplexes, triplexes, or small apartment buildings to increase unit count and spread risk across multiple tenants.Short-Term Rentals: If you’re comfortable with the management requirements, STRs in vacation or business travel markets can offer significantly higher cash flow potential than traditional rentals.Value-Add Properties: Look for opportunities to buy undervalued properties where you can force appreciation through renovations or better management.Decision FrameworkRun the Numbers: Compare the projected cash flow, equity growth, and tax implications of selling versus holding with a refinance or HELOC.