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11 January 2025 | 19 replies
You should check out Second Street.
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23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
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28 December 2024 | 12 replies
@Andrew Street Thanks Andrew, I just sent a invite to connect.
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20 December 2024 | 12 replies
I consul them to always include a street view of the property, from across the street, showing the entire house in situ, in order to answer the question for the guests (who have never been there before): "What are we looking for as we drive down the street" My 2 cents,Mike
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9 January 2025 | 116 replies
After the showing we stood out on the street and talked through the deal.
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19 December 2024 | 3 replies
All the other houses on the street seem to be fine.
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23 December 2024 | 4 replies
This is a summarized version of events, but stray I rescued off the street gave birth to 7 puppies, bringing my total to 13.
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29 December 2024 | 23 replies
@Christopher Mooney - I house-hack a 2 Unit Building in Bayridge Brooklyn which is a 45 minute subway ride to Manhattan Wall Street Financial District (a 7 mile drive).
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23 December 2024 | 2 replies
From what I’ve read in the Wall Street Journal, companies like ALE Solutions specialize in placing displaced families.. so you might want to explore partnering with them.
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20 December 2024 | 13 replies
The street is West Baltimore Street.