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1 September 2024 | 2 replies
I’m looking for ideas on safety measures that I should consider or ways to eliminate the lingering by unwanted guests.
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31 August 2024 | 3 replies
@Mario MoralesCash-on-cash return measures the amount of cash flow relative to the amount of cash invested in a property investment and is calculated on a pre-tax basis.In theory if your rental income increases by X amount annually due to the rehab while holding your expenses constant so it directly increases your bottom line (cash flow), you can calculate the CoC return by inputting X/$45k (the cost).
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1 September 2024 | 8 replies
I get a HERS rating & do other effeciency measures when possible.Real estate meetups might be helpful, meetup dot com may be worth looking at.
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2 September 2024 | 32 replies
The past couple of years as L3Harris has begun to move production/engineering from California to the area (cost cutting measure, not political), we have been seeing 10% appreciation yoy or so.
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29 August 2024 | 1 reply
Set your goals to be clear and measurable and work hard to reach them.
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28 August 2024 | 5 replies
If at all possible, never install mini-split, install duct work.Measure, Measure, Measure.
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29 August 2024 | 5 replies
-The niche, boutique brokerage is a great target because they are generally slammed with more business than they know what to do with, they generally are still using fax machines and rotary dialers, (i'm only half joking I still see @aol emails all over costar to this day) so it leaves ample opportunity with anyone that can use an crm a chance to add real value and grow the business in a measurable way.- These tend to be "assassin" type shops who are small teams of pretty elite operators, and they aren't bloated down with BS like the big CRBE's etc of the world, so you'll get exposed to more, you'll get exposed sooner, and they will generally be ideally with a niche industry or product type but will often have a ton of satellite deals they get which will get you cross industry exposure.
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30 August 2024 | 15 replies
Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.
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30 August 2024 | 38 replies
So, by that measure, their projections might have been off... but just they probably didn't assume a 25% increase.
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29 August 2024 | 33 replies
Just for good measure, I called the Kansas legal service, pretended to be a tenant that was being discriminated against.