David Putz
Lets hear what Note Servicers other Note Investors use.
2 January 2025 | 29 replies
You can add Main Street to the list.
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
13 January 2025 | 21 replies
I don't recommend throwing the baby out with the bath water, and definitely make sure you understand the nature of the Mentor you choose.BP is a great resource to meet some amazing people.
Eric Fernwood
December Las Vegas Rental Market Update
23 December 2024 | 0 replies
There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes ALL property types and price ranges.
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
Another time I sold a property that had no off street parking, because tenants didn't like not having no place to park their cars except the street.
Anita Z.
How do you screen an STR tenant ?
25 December 2024 | 22 replies
@Michael Baum @Grant Woodward @John Underwood @Bruce Woodruff @Terry Ouimet @Andrew Street @Patricia Andriolo-Bull @Andrew Steffens @Jake Baker Appreciate all the valuable input from your experience!
Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
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.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
A law degree does not mean you know anything re wraps.If worse comes to worse, you can stop the foreclosure with legal action - it costs some but you will not lose your equity.I would not throw the baby out with the bath water re doing wraps and I do hope all works out for you.Reach out if you need a referral to a good AZ attorney to helpBe careful out there guysAlan Not to be too blunt, but you are handing bullets to a six year old with a gun.
Eyitayo Temi
Best use of large 6/5 SF in great area
20 December 2024 | 4 replies
I need some advice from experienced RE investors.We want to buy a 6 bed/ 5 bath in a great area (top zipcode in the area).Thinking of splitting into 2 units but re-zoning permits are almost impossible in area.Ideas of converting to AirBnb or community center?
Arif Gungorur
Lands from Repository List
18 December 2024 | 4 replies
We lived in the country, across the street from Welkinweir.
Zechariah Troth
Southern Tier Investing
17 December 2024 | 5 replies
Drive past Hornell and through Bath.