Brendan Bouffard
125k to invest, where to start?
9 July 2023 | 26 replies
A couple of initial thoughts from someone who takes a long term approach to wealth creation with RE.What is your primary residence situation?
Jessica Kirkpatrick
Best Landlording App??
5 June 2022 | 9 replies
Seems like their app is user-friendly enough for my tenants to use for maintenance requests, communication, rent payments, report creation, etc.
William Yeh
Single Family Subdivision Deal Metrics?
7 May 2022 | 3 replies
Assuming you spend $300,000 in fees and costs to get permitted, and you sold all of the lots with a brokerage commission of 5% your Paper Lot project would look like this: $1,200,000 Sale of 60 Paper Lots-$ 60,000 Commissions & Closing Cost-$ 300,000 entitlement fees $ 840,000 Net Sales Proceeds-$. 300,000 (25% development profit on project value) $. 540,000 land ValueThe figures above assumes that land value is determined by working backwards for the values and costs you will pay to create the $1.2M Paper Lot value.The same process noted above should be applied to each subsequent phase of lot value creation to ensure that there is enough value & profit to support the next level of Lot value and level of finish.Hope this helps.
Nadine O.
Where would you move to start building your real estate empire?
19 October 2022 | 248 replies
If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.I see how institutionalized product in Class B/C markets are trading at 5%-6% cap rates.
Tonye Jack
Cleveland Ohio Vs Columbus Ohio
23 April 2021 | 42 replies
It just depends what your long term goals are and if you want appreciation for wealth creation (Columbus) or strictly cash flow with more headaches (Cleveland).
Henry Clark
Commercial Property Valuation
18 January 2023 | 6 replies
Return say 20% to 100% Both Cash flow/Appreciation, Risk moderate, Knowledge highDeveloper- Takes a more raw asset and adds value through ground up creation or adaptation.
Sam Su
Investing in Calgary
17 November 2022 | 42 replies
Vacancy (CMHC): Calgary 4.9%, Vancouver 1.2%, Toronto 4.5%, Montreal 3.0%Population growth 1961-2021 (StatsCan)-Unemployment percent 2001-2019 (StatsCan)-Conclusions:* AB is the only one where unemployment is trending higher (oil based economy)* QC has the most significant reduction in unemployment, a combination of high job creation and relatively slower population growth* despite having the most population growth, ON still manages to produce a lot of jobs for people going thereREI is a long term endeavor, so it's worth the upfront time in doing some analysis to increase your chances of success in the future.
Raphael Diogo
Receiving 100k-200k in the summer. Need help on which direction to go.
28 April 2023 | 18 replies
The city is thriving and attracting numerous major companies with the likes of Intel, Honda, Nationwide Children's Hospital, and Wexner Medical Center - resulting in the creation of thousands of job opportunities and significant population growth in the coming months and years.
Eric Don
Laid off, 400k in accessible cash, chasing any opportunity. Help me escape the matrix
1 June 2023 | 63 replies
99% of them worked a boring job and grinded out the side hustle (content creation, building brands, selling merch) until the side hustle out weighed the regular job.You achieved success already.
Brian Bellew
Bend, Oregon Investment Thesis
24 November 2020 | 42 replies
I like Sisters too (almost moved there instead of Bend) but it seems a lot more tourism dependent and less diversified so I went where the bulk of the new job creation is happening.