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30 July 2024 | 0 replies
Coordinating a same-day sale required precise timing and effective communication.
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30 July 2024 | 30 replies
Also, Z Wave and Zigbee radios are in sleep mode 99% of the time whereas WiFi radios are communicating pretty regularly.
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30 July 2024 | 2 replies
In my previous role, I encountered numerous instances of real estate fraud, which opened my eyes to the importance of legitimacy and trust in this industry.After months of studying the markets and educating ourselves on the BRRRR method, we are thrilled to have potentially found our first deal, along with other promising prospects.
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28 July 2024 | 7 replies
We have a multi family rental unit which uses oil for home/water heating.Our tenants are responsible for purchasing their own heating oil.We are trying to figure out a way to determine when/if our tenant is running out of fuel.Our maintenance person has communicated that one unit has repeatedly run out of fuel, creating an increase service cost on their boiler.I know there are WiFi options to meter usage.
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30 July 2024 | 2 replies
Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income
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31 July 2024 | 46 replies
I have communicated with many people there that also self manage and do very well.
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29 July 2024 | 3 replies
If there are any methods you guys have on finding these properties and getting ahold of the property owner I would love to hear them.
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31 July 2024 | 35 replies
Of all the online “methods” house hacking or small multifamily hacking really works.
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29 July 2024 | 1 reply
I’ve been dabbling into d4d and direct mails, but I’d like some advice if you guys use other methods or even softwares like propstream Thank you
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29 July 2024 | 7 replies
While the VA IRRRL program itself is legitimate and beneficial for eligible borrowers, it's crucial to verify the authenticity of the communications you receive.