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31 December 2024 | 8 replies
That could be thousands of dollars, and you might not even close, so they just wasted several grand for no reason.
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9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
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6 January 2025 | 11 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
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3 February 2025 | 31 replies
Why do people who say the only people doing well today are the people who bought long ago (10+ years)?
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28 January 2025 | 56 replies
But ...The first thing I observed was the replacement cost portion of the quote, was, IMO, less than what it will actually cost to demolish the remains of the existing structure, pay for any hazardous waste removal following a catastrophic loss, and actually pay to replace the property in the event of a total loss, even though I used the quote feature to increase the replacement cost value by 20% (the maximum it would allow).
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19 January 2025 | 51 replies
And the best part is that I haven't had any missed rents because people weren't able to apply.
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6 February 2025 | 11 replies
That growth is unevenChase JordanFri, January 24, 2025 The ever-growing Charlotte region is home to 3 million people, but the population is projected to swell by more than 50% over the next 25 years, according to local researchers.By 2050, some 4.6 million people will be living in Mecklenburg County and surrounding areas, the Charlotte Regional Business Alliance said in a report released Thursday.
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3 February 2025 | 79 replies
But the truth is 99% of people aren't willing to do what it takes to get to that point.
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4 February 2025 | 7 replies
I suspect part of the reason might be because I have a no-alcohol policy for my property, which I understand might draw a lot of people away to some extent.
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1 February 2025 | 3 replies
I have been referring the people to the prequalification form that RentRedi uses prior to setting up a viewing.