Jimmy Jeter
New construction, 75% done. About to run out of money
28 January 2025 | 11 replies
Seems like easy savings.
Nick M.
Scam/fake inquiry of vrbo property ??
31 January 2025 | 26 replies
Obviously very excited … But it looks suspicious to me - does this inquiry seem like some kind of scam or the beginning of a scam??
Ming Huang
Which market should I invest as a newbie: San Antonio Vs Austin Vs OKC
22 January 2025 | 3 replies
Austin area seems like a cool techie area with good rental demand.
Cesar Cordero
Property in Isabela, PR, investment has not been completed/finalized
23 January 2025 | 0 replies
Given the location and how the town has been developing it seems like a good investment opportunity for rentals.
Max Smetiouk
Amenity ROI debate
24 January 2025 | 10 replies
As others pointed out, there are overlapping features, so does not seem it's worth it.
Evan Grant
Learning to raise private money, wholesale, flip and hold ... here to vet and learn!
14 January 2025 | 1 reply
I am cross eyed by all the FB and Instagram gurus but one or two seem to be legit and I absolutely want a mentor and a team.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
I'd say the amount of time for the labor seems high.
Shannon Vistisen
Purchase the LLC or the property alone
18 January 2025 | 5 replies
If you are paying cash for the STR this seems pretty easy.
Sean Kirk
Has anyone used Roofstock to invest?
12 January 2025 | 2 replies
Quote from @Sean Kirk: I'm seeing what seems to be 10%+ cap rates on roofstock.