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15 June 2024 | 30 replies
Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.
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14 June 2024 | 6 replies
With the Notre Dame campus in addition to Amazon's $11 Billion Data center project, and Microsoft coming to town the area is poised for some serious growth over the next 5 years.
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15 June 2024 | 16 replies
That’s perfect.Is there a possibility for us to connect and look at data ?
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13 June 2024 | 7 replies
There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.
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14 June 2024 | 0 replies
However, the data doesn't lie.
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14 June 2024 | 2 replies
.- Technology: use of data analytics that can lead to more informed investment decisions, and integrating innovative technologies to improve operational efficiencies as well as improving tenant & investor experience- Strong Investor Relations: consistent, ongoing and transparent communication and educational opportunities for investors, including a peek behind the curtains inviting them to the office for events and internal investment committee meetings- Customer-Centric Services: customized solutions to meet specific needs and interests of various investors and full-service offerings from brokerage, property management, leasing, to funds/syndication opportunitiesWhat else did I miss?
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13 June 2024 | 17 replies
Additionally, incorporating automated data entry software can greatly enhance the efficiency of these accounting systems.
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13 June 2024 | 12 replies
Beware of AirDNA data.
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12 June 2024 | 2 replies
If not, where would I go to find this data?
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15 June 2024 | 32 replies
These will be great data points to inform your strategy.Good luck!