21 March 2024 | 6 replies
In the end, it doesn't matter because if another agent at another brokerage presented the offer, you would be splitting the gross commissions with them. Â

21 March 2024 | 7 replies
If you're considering flips, South Atlanta might present a tighter profit margin due to its current market dynamics.

20 March 2024 | 2 replies
Furthermore, by analyzing the last five years, we may deduce the present trend and future expansion possibilities.The pitfall of emotional connection, ah-hem.

21 March 2024 | 16 replies
Emphasize your strong rental history and present business financials to showcase profitability trends and future projections, increasing your chances of securing the necessary funding.

21 March 2024 | 0 replies
For that reason, we will assume a smaller 4.5% for the annual appreciation of real estate in Colorado Springs.To calculate the total appreciation value at the end of five years, we use the formula:Future Value = Present Value Ă— (1+Appreciation Rate)^nFor a property with a purchase price of $450,000 and an annual appreciation rate of 4.5%, the value after 5 years can be calculated as follows:Future Value = 450,000 Ă— (1+0.045)^5 = 560,781.8719560,781.87 - 450,000 = 110,781.87.

20 March 2024 | 6 replies
I know the covid boom treated STR investors quite well however I am under the motto of, "no better time like the present".

20 March 2024 | 0 replies
For those willing to do the homework, new construction presents a promising opportunity to build wealth over the long term.

19 March 2024 | 19 replies
By law, licensed individuals are required to present all offers to purchase, regardless of who they come from or how unrealistic they might be.Â

20 March 2024 | 3 replies
Fannie/ freddie have different guides on this, and i do see different lenders interpret them differently. for example, one requires you to OWNÂ your primary residence in order to use rental income on the subject MF, the other will let you do rental income from your MF subject property with a "present housing expense"Â (rental housing expense being ok) so long as you have a 1 year + history of landlording (which it sounds like you do). maybe ask your mortgage pro if they are giving you credit for rental income from the subject property units?
20 March 2024 | 2 replies
In hindsight, not continuing to purchase turned out to be very narrow minded.This year, after listening to some podcast episodes, and a presentation at a real estate meet up, I decided I had to reengage, and eventually pulled the trigger on the following deal.Property Details:Location: 13537 Cedar Rd., University Heights, Ohio (Cleveland Metro)Neighborhood Rating: A-Purchase Price: $153KRepairs: $65K (completion expected by May 1)Expected Total Investment: Approx. $225KProperty Features:First floor: 2 bed/1 bath, potential rent $1,200Second & third floor: 4 bed/2 bath, potential rent $1,500Separate utilities and heating/central ACÂ systemsInitially, I projected over an 8% cash-on-cash return.