Your goal should be to have performance cap rates at 7-8% on something with a market cap of 5-6%, which gives you a healthy 200 basis point spread from the going market rate. 

To facilitate an informed decision regarding my suitability for the role, I would like to propose starting with a trial period which would allow you to evaluate my performance and see firsthand how effectively I manage properties remotely.Thank You.

@Annie Balagot Solterra typically performs pretty well as it has the amenities rival many of the other top communities, but it is further away and the traffic to get to the parks.

My advise is to start with single family or a small multi-family ground up project first but this market environment is truthfully not the time to be completing any ground up projects unless you are self performing the construction which it doesn't appear you are in a position to do.There was a recent Philadelphia  forum chain started by someone else who was contemplating ground up in a similar fashion to what you are proposing and I cautioned they would be better off buying something that was newly built and believe after conducting their own diligence realized it was too cost prohibitive at this time to build with 3rd party GC's in Philadelphia when also accounting for the interest rate environment and cost to build.

Rather find a partner who will contribute same as you and you hire a GC strictly to perform the work.

Despite a challenging economic environment marked by inflation and slowing consumer spending, major dining chains like Taco Bell, Outback Steakhouse, and Applebee’s are pushing ahead with expansion plans.Yum Brands—parent company of Taco Bell, KFC, and Pizza Hut—opened 894 new locations globally in Q2 2024, marking a 5% increase in total units from last year.

Under California foreclosure law, can a vendor place a mechanics lien on a home for work performed for the prior owner after the foreclosure sale and the recording (perfecting) of the deed?

Guests don't go walking out with them and just because that many rolls are available, doesn't mean the guest is going to use them all.For paper towels one brand new roll should be enough for a stay.

Hi, I am brand new to real estate investing and need some assistance understanding price to rent ratios.  

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!