Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
Two things I would encourage you to ask yourself & ponder (essentially count the cost): 1.
Joseph Fenner
How do I find the best deals?
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
Jason Porto
Reserve Fund Contributions
18 November 2024 | 12 replies
If you're in a very precarious spot I'd be 100% fixed income and then depending on risk appetite & unit count down to 30% fixed income.
Ginger Vaadi
Cash flow vs 50% rule
16 November 2024 | 6 replies
Cash flow is gravy but don't count on it.
J Kilroy
Lenders that appraise ADUs accurately so I can increase my HELOC?
14 November 2024 | 13 replies
Small units in single count are expensive development.
Russell R Massey
Tax Lien Sale Courthouse Steps - Really weird - Why did this happen????
21 November 2024 | 24 replies
They'll also change they rules because they don't want to mess with, count, hold on to, $1,000,000 in cash, so they'll switch it to cashiers checks.
Laura Casner
Keeping momentum and a positive attitude.
15 November 2024 | 9 replies
That is a meaningless count, and one that pushes you into transaction volume versus quality of deals.
Derek Bell
Check out deal analysis
18 November 2024 | 12 replies
In industrial, my experience is clear heights, door count and size, loading dock access, and (probably not the case here) how perfectly level are the floors.I would also run a price sensitivity on how far rents may be able to drop to still make this worthwhile.
Michael Daley
Looking for second investment property in San Diego mid-term/house hack/short-term
18 November 2024 | 14 replies
This was my slowest off season since the Great Recession (not counting Covid lock down periods) 2) when building up your reviews you will likely be best served by having a rate below market.
Leslie Daniely
First Property As A MTR-Quadplex
17 November 2024 | 16 replies
The 6th, 7th and 8th highest page views per listed properties were in Macon (out of 113 hospital systems in GA, counting ones with missing data).