Ariel Gonzalez
Vetting a GM in a syndication Deal
13 July 2024 | 20 replies
Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.
Austin Damon
Starting out in Ohio
14 July 2024 | 15 replies
I'd say all the stats are similar from Cincy, Columbus, and Cleveland EXCEPT we are a lower cost of entry by $36k(cincy)-63K(columbus)!
Jordan Gregg
Bloomfield NJ Watsessing station area investors?
13 July 2024 | 51 replies
@Thomas Lee I closed on a 3plex on Willow St at the end of September (203k financing) and am just about to finish renovation (permits took a little longer than expected and this weather isn't helping the final mile).Regarding 26 Ella, my offer was around 365 with 203k financing (3.5% down).
Yannick Vez
Hi new hands-off investor
11 July 2024 | 6 replies
Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.
Alexander Blake Summers
Location Analysis Method
15 July 2024 | 23 replies
Agreed mate,43606 is mostly rough and 43610 and 43620 is hit/miss.Put In Bay has a total of 7 houses hahaBowling Green quite expensive and only 1 target tenant and they are students...Online stats/demographics are one thing, real life and on-ground experience is another.As an investor you are limited if your decisions are based on solely online research.Had an investor that bought 6 properties from us ages ago and was using some weird online algorithm and plugging every deal I sent him through RentFax (I easily send 30 or so deals for consideration).I advised against this strategy but it is what it is.Didn't work out for him unfortunately and he decided to sell.Maybe I should get him to post a thread and throw us under the bus.It's always our fault, right?
Mohan Deep
Lease expiration vis-a-vis notices
10 July 2024 | 3 replies
A WI landlord had to repay 2 years worth of rent because they included a provision that Stat law does not allow (10 deadly sins - look up Koble case, for example on the RPAWI webaite)
Josh Luchini
What Crime App do you use?
9 July 2024 | 3 replies
I like https://www.city-data.com/ because of how you can watch the stats change as you move.
Adam Taylor
Best websites to identify real estate market trends
9 July 2024 | 7 replies
Sure, you could definitely use those website to help.. but you really need an investor friendly agent that can be your boots on the ground to also help you navigate the trends and stats.
Mikhail Pritsker
Underwriting Tricks: Mastering the Basics and Beyond
9 July 2024 | 2 replies
Revenue Side Analysis: Examining rental income and vacancy rates and setting effective rent strategies.3.
Chi Zhang
Material participation while managing renovations at a remote property
10 July 2024 | 11 replies
But it’s uncertain how meticulously the IRS will examine my logs.