Brenda Allen
Favorite Direct Mail List Providers?
17 December 2024 | 0 replies
Who is your favorite DM list provider and why?
Destiney E Goins
Destiney Goins- new to investing
13 January 2025 | 5 replies
@Destiney E Goins please ask more specific questions that we can actually answer!
Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
Steven Nguyen
Advice needed--BRRR- SFH
19 January 2025 | 3 replies
Money not liquid- currently in crypto.
Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
Joelle Chilazi
Greetings from Realtor in Jersey City which has the 2nd highest rents in the US
13 January 2025 | 27 replies
Quote from @Joelle Chilazi: Quote from @Derrick E.: Quote from @Joelle Chilazi: Quote from @Derrick E.: Quote from @Dustin Tucker: Hello Joelle, What are the laws like for landlords, how long does it take for an eviction to take place?
Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
Wasting Time - @Fareen E.
Karen F.
Recommendation for inexpensive, durable LVP?
19 January 2025 | 2 replies
I have lumber liquidators, home Depot, Lowe's, and who knows what else near me (central CT).
Elizabeth L.
Has anyone had a successful tenant eviction in Union City NJ?
14 January 2025 | 5 replies
depending on how backed up the county is it can e take a few months for court date. in essex county it took my mother in law about 8 months or so for the full process. she had an attorney, not sure if that sped anything up
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
12 January 2025 | 1 reply
Some ideas I've considered:Equity Buyout: Having another investor or my partner buy out my 40% equity.Seller Financing: Selling my equity and offering seller financing to the buyer.Selling the Property: Liquidating the property entirely and splitting the proceeds.Does anyone have experience with situations like this?