15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
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14 November 2024 | 2 replies
Increasing density can often get strong reactions from residents if they disagree with it.
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14 November 2024 | 19 replies
Are you finding MTR to be increasingly competitive?
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14 November 2024 | 8 replies
Are employers moving in, is the population growing, is the average household income high, does it have good market fundamentals?
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17 November 2024 | 6 replies
I'm working to pay off my rentals which will dramatically increase my cashflow in a faster time.
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14 November 2024 | 0 replies
I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.
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13 November 2024 | 7 replies
The city is growing and the macroeconomics is great - lots of job growth and population growth and major tech companies moving out here and developing like Intel, Google, Amazon, Meta, etc.
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16 November 2024 | 5 replies
In my area a layperson can appeal; it is a 5 minute hearing but you can also get your taxes increased in appeal, fun right?
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14 November 2024 | 5 replies
How does it save me money if I keep increasing the balance of the loan product.See how they answer those questions.
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14 November 2024 | 15 replies
A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand. what area of columbus do you recommend?