Brandon Morgan
high utility costs for tenants, non compliance, not sure what to do.
9 January 2025 | 3 replies
i told them to apply to programs that are available to help with electric bill.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
It is not that good at the price point of DC or in my market (but better than my market).
Sam Spoerl
Marketing Strategies for Wholesaling
9 January 2025 | 1 reply
I was wondering if most wholesalers have stopped using direct mail and just moved to google/facebook to find deals?
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 invest in a market if you can't find a quality PM!
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
Just remember the property must be owned by the IRA, and you can’t personally manage or use it—all income/expenses need to stay within the IRA.2.First-Time Homebuyer Program: This is what @Arthur Flores was mentioning.
Daron Payne
Anuobe have experience with Walter Wofford
8 January 2025 | 5 replies
anyone have any experience with Walter Wofford and his short term rental education programs?
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
20 January 2025 | 33 replies
And have you looked into the link below, the Invest Southwest program?
Reid Ervin
Partnering with an Investor to Purchase Off-Market Portfolio via Seller Financing
7 January 2025 | 2 replies
I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
When the next down market comes, it’s going to be brutal.