
21 October 2024 | 17 replies
Even though we were lucky to find someone fairly quick, we did notice the rental pool of renters was a lot less but still out there or the home rental pool has increased (maybe both).Good luck!

20 October 2024 | 14 replies
From there, I was able to keep rolling my funds back into projects and keep increasing the margins.

22 October 2024 | 12 replies
We cash flow on average $3K a month once leased on a 3-5 year commercial lease with increases built in.

20 October 2024 | 3 replies
I did all the labor and will have to come up with my labor worth (Finalizing this number but its in this ballpark)$3,575 Current Rents > $2,545 Previous Rents (40% Increase) - Unit 1 $595 to $750 - Unit 2 $650 to $900(when I move out) - Unit 3 $650 to $1075 - Unit 4 $650 to $900$360k - $400k ARV > $380k x 75% = $285k - $225k = $60k Cash Out?

20 October 2024 | 84 replies
There is no increase in value, but if you want to use the cash in the bank, it's free...not so if you transferred it to your property.

19 October 2024 | 16 replies
In short it doesn't matter if you increase how much income a residential home is leased out for that will never improve your property value it's always based on how much homes in that area sell for. commercial real estate on the other hand has a few other ways properties are valued including the income approach.

16 October 2024 | 21 replies
Eventually, 358 of the homes fell into foreclosure.The following 11 defendants were indicted on mortgage fraud-related offenses including engaging in a pattern of corrupt activity, a first degree felony: Uri Gofman, Tony Viola, Igor Gofman, Kevin Landrum, Dave Pirichy, Dale Adams, Steve Greenwald, George Gardner and James Leoni along with Real Asset Fund, owned by Uri Gofman, and Karka Inc., also owned by Uri Gofman.

19 October 2024 | 2 replies
Draw the line based on what is the return for each. if it costs and extra $40k to get you $40k price increase it is not worth it, it has to add value to you.

17 October 2024 | 6 replies
Marriott will not work with you unless you have 50+ properties but perhaps partnering with a PM in your state (like we do in FL) to provide limited service engagements that includes marketing.Good luck!

20 October 2024 | 6 replies
If you already have a track record, they might consider something small which you can then increase over time.