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15 May 2024 | 16 replies
I have some money with Arrived and Ground floor, but not much.
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13 May 2024 | 7 replies
You could, or the agent could explain how you arrived at the offer.
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12 May 2024 | 2 replies
To start, these are the fundamental underwriting inputs the GP/Syndicator will be making when arriving at their offer price:Management Fees: This will be very similar to any other bidder who relies on 3rd party management (and generally more expensive than a local operator who benefits from the efficiency of managing an existing local portfolio).
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14 May 2024 | 201 replies
And thats exactly what I will redoing, I will have all my ducks in a row first, I willl have all my orders or most orders in, dates when they will arrive and I will leave alot of room for time delays....All I can do is work to reduce these uncontrollable factors that carry more risk so that I Can reduce that risk.
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9 May 2024 | 19 replies
Hi Mike - I have automated messaging for several points throughout the guest pre arrival and arrival and check out process, however I supplement that with my own messaging such as asking about restaurants or if they want to stay an extra night.
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7 May 2024 | 28 replies
The time of the clean cut, good guy champion has arrived
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8 May 2024 | 50 replies
In Real estate, it's 90 percent predictable.In appreciation city:So you need to buy place where it appreciates a lot , DSCR > 1.0 + use 15YFRM is recommended or 30YFRMIn cash flow cityYou could buy anything with higher cash flow and use 30/40YFRM (don't use 15YFRM here) This is my own calculation how much I make from 500k house in CA compare to $100k cashflow MF in Wisconsin:net cash flow + appreciation for CA: ($200*12)+($5000*12)= $62,000net cash flow + appreciation for WI: ($700*12)+($1666*12)= $28,400This is indirectly how the cap rate works, I don't count the equity building like you said because the LTV is predictable and would be the same regardless the location of property.This is why also when you have two set of very different problem, you arrive with two set of different solution.Do not use Cash flow strategy IN appreciation city.Do not use Apreciation strategy in Cash flow city.
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5 May 2024 | 64 replies
We were to arrive on Thursday night and leave on Sunday.