Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
To put a relatively extreme scenario out there, if you offer 3% more than the next guy in cash (no bank debt) and provided a copy of a brokerage account statement showing the cash was available, I am certain you would get the deal.To echo Joshua's comments: how you are planning on financing the deal is hugely contingent on being awarded deals.
Briar Blake
Property Managers Violated Contract
25 January 2025 | 13 replies
But, we do have them and we are an extremely well-run company.
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.100% occupancy sounds great, but for a bigger portfolio or apartment complex, it usually means you're leaving money on the table.Here’s an extreme example: I could rent out 100 units at $500 a month and make $50,000.
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
$85K seems extremely low for a garage conversion.
Jason Malabute
HAVE YOU INVESTED WITH BAM CAPITAL?
3 January 2025 | 42 replies
Extremely competent team and great culture!!
Gregory Schwartz
"Am I experienced enough to raise outside capital?"
29 January 2025 | 32 replies
. - Has accumulated tens or hundreds of thousands of dollars- Has a thesis to purchase extremely distressed office buildings in urban locations, get them re-occupied, self-manage and work in and on the buildings to get them re-rented, preferably Denver.
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
Jason Mitchell
New Detroit Rental Investor
8 January 2025 | 9 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!