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10 January 2025 | 2 replies
I have always had an interest in flipping houses because I get really excited to see run-down houses, walk through them, and come up with a design plan.
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13 February 2025 | 160 replies
There is also a second designated person who's a kind of CFO.
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25 January 2025 | 29 replies
This tool is basically designed to help you decide whether or not to submit your LOI for further diligence.
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16 January 2025 | 4 replies
Those effected go well beyond the property owners, the economic contribution of RE and subsequent economic loss in the form of: management, maintenance, landscaping, caretaking, hospitality, tourism, contracting, designing, pools and gardening is economically catastrophic and will reverberate well beyond specific zip codes.
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29 January 2025 | 27 replies
Those were very good areas a couple of years ago when people were less aware of Ocala but it's gained in popularity so it's become tougher to make the numbers work, but there are still deals to be had, especially for rentals.
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23 January 2025 | 6 replies
Their contribution depends on factors like local demand for ADUs, their design and size, and how they’re used (e.g., rental income potential).
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14 January 2025 | 5 replies
Also, if you form an LLC to hold the property, you will need a designated agent(attorney) in that state.
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11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
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19 January 2025 | 51 replies
While the RentRedi's loaded with various toggles/buttons and affordable given the all-you-can-eat pricing, the interface is still very elementary and lacking in usability/design, which is often overlooked as a key determinant of whether your team actually adopts and fully leverages powerful management solutions like these.
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16 January 2025 | 13 replies
I think Pricelabs is by far the most popular pricing tool out there.