Krysten Zarembski
Cash Flowing a Mid Term Rental
30 October 2024 | 10 replies
Our net operating income (NOI) margin is 54%.
Jeff Galak
Lactchel vs SuperTenders
6 November 2024 | 29 replies
Reviewing their product page it does appear the $25/month is base with the marginal $1/unit pricing after that. https://latchel.com/emergency/So more economical as the portfolio grows, though very curious Your XP once repairs are triggered since most after hours calls would be “surge pricing” for any contractor they bring in. in 15 years I’ve only had a few of the stereotypical “after hours broken toilet” calls, but I know that’s highly variable by location and property class.
Mike Harvey
Starting with section 8
2 November 2024 | 8 replies
Time for a pro and con list: Pros: - consistent rent - prequalified tenants - higher profit margins- free marketing - less eviction Cons:- required inspection - security deposits are not included - delay payment before the first payment
Devin James
Key takeaways from the Southeast Build-To-Rent Summit
30 October 2024 | 0 replies
Fee simple lots provide greater flexibility than multifamily projects under one parcel.4) Kimberly Byrum - Lease-Up Rates by Asset Type:Garden Style Multifamily: 18 units per monthBTR Cottage Style: 12 units per monthBTR SFH Detached: 8 units per month5) John Jones (BBL Building) - Efficient and thoughtful design remains the best way to reduce costs.6) Tony Benge Margins are comparable between garden style multi-family & BTR, but BTR is in much higher demand.It was a great turnout, excited to see the BTR sector’s growth between now and next year’s event!
Josh Cochran
Western Wealth Capital: What do you know about them?
31 October 2024 | 37 replies
Fundamentally their business model was so unprotected and with the skinny margins it was waiting to happen.
Jonathan Feliciano
What's it like managing a rental property in East Cleveland?
4 November 2024 | 16 replies
It can be tricky managing properties in East Cleveland, but I don't think it's that much different than managing properties in C and D neighborhoods, it's just a bit more tricky with getting contractors over there, but I'm working on a listing in East Cleveland and had a contractor do a bunch of work on the property and didn't have any issues.Another issue with East Cleveland is they have point of sales, but Cleveland is going to start doing that soon, but definitely adds unnecessary costs when margins are everything.
Thomas Fredella
I would think about Partner Driven very carefully b4 jumping in
7 November 2024 | 18 replies
Each option provides full access to our support and resources.Deal Submission and SupportWe review every deal submitted to ensure it meets our criteria for profit margins and buy box.
Andres Murillo
CA AB 968 (disclosure mandates on flippers): Who's Really Bearing the Impact?
30 October 2024 | 0 replies
Flippers will have to price in these added expenses to maintain their margins, leading to lower offers on distressed properties.
Bill Schrimpf
BP Featured Agent Program
5 November 2024 | 52 replies
The leads are marginally better than other lead platforms like Zillow.
Alissa Wylie
Anyone done a California Auction
28 October 2024 | 7 replies
Investors like us have a smaller profit margin.