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5 September 2024 | 14 replies
Is it a fully rehabbed property with high quality tenants paying top dollar, or is it a run down apartment with below average rents that you collect rent on and put as little cash into it as you can.
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4 September 2024 | 3 replies
You need to search for properties near your subject property deal that look like and have the same size as your end result aka a comp aka a comparable.Any quality agent can run your comparable market analysis (CMA), and over time, with practice, you can run your own comps.
4 September 2024 | 12 replies
The numbers here aren't the best if the plan is to use the BRRRR method but there is still enough equity in the property to sell it at a profit.
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5 September 2024 | 9 replies
However, don't prioritize return of capital over return ON capital.Focusing on strong rental areas, high quality tenants, solid property upkeep and long term gains will keep you alive in this business longer.
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3 September 2024 | 0 replies
And I put all quality materials and high end finishes throughout.
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3 September 2024 | 2 replies
Curb appeal, neighborhood, etc.If you have a quality agent, they should point out potential problems like flooding, cracked foundations or walls, the neighbor's dead lawn, etc.
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4 September 2024 | 13 replies
.- Owner Portal and client tools- Potentially more, will be having a call to see software limitations.The idea is to free PM's and self managers to focus on growth and field quality.
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3 September 2024 | 15 replies
Even new construction l would want an idea of the quality of the build.
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3 September 2024 | 7 replies
no one really wants to hear this though... they want the shortcut.there are also ways to recycle capital, like the BRRRR method, which works but is tough right now with interest rates so high and deals tough to find (and 10 other things, but those are big ones).
4 September 2024 | 12 replies
Managing other contractors, scheduling with them and the tenants, making sure they are on time, doing a good quality job, takes a lot of time, and having a good team to manage that is crucial.