Celine Besson
Managing a renovation from afar
14 January 2025 | 6 replies
If you've got to ask a question on an online forum about managing an out of state or out of country renovation, you aren't ready to do this on your own.
Roy Hill
Asking For Advice
29 January 2025 | 3 replies
My first piece of advice would be to always be networking with other wholesalers/investors both online and offline.
Chris Hertig
Tenant Living in Garage/Shop!
14 January 2025 | 4 replies
The violations would include 'the personal occupation of a garage as residence' while asserting to police that he didn't live in it, along with the power overloads due to use not in keeping with a garage rental.
Ray Mungia
Buying and Selling Land as a Flip
22 January 2025 | 2 replies
I do SMS, cold call, mail, online, wholesalers, etc.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
I would never form an entity with them when I can do it online with a firm that charges a fraction of what they charge).
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
In my search, I've noticed that many positions require proficiency in Yardi.I've been actively looking for effective ways to learn Yardi, but it seems challenging to find suitable training or courses online.
Pero Konjevich
Rental Insurance Dyer Indiana
9 January 2025 | 4 replies
Recently bought a SFH (not in LLC) the price of rental insure has jumped significantly with State Farm, what are better options?
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.
Monish Anand
How to find the best Real Estate Agent
10 January 2025 | 13 replies
Don't be afraid to negotiate, particularly if you have a lot of rentals.4.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Focus on identifying promising neighborhoods in the north or east bay by leveraging your husband’s contractor network, local real estate agents, and online deal-finding platforms.