Courtney Olson
Conventional loan with repairs questions for a Rental
13 May 2024 | 7 replies
You could, or the agent could explain how you arrived at the offer.
Stuart Udis
Investing in Multi-Family Syndications With An Out Of State Sponsors
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).
Gregory Greene
Best Cities to buy a multi family property in Arizona
12 May 2024 | 33 replies
Lake Havasu used to be hotter than Phoenix, but all the blacktop made them eventually surpass Havasu's heat - you can fry an egg on your car if you don't care about the paint :o).
Douglas Gratz
What is the new construction process? Dig lot, pour concrete, etc
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.
Cory J Thornton
New Construction VS Existing Housing
10 May 2024 | 23 replies
. $515k for a new build in columbus OH for a single family, 300k or so for existing. must mean your market is a lot hotter or give me your inputs?
Michael Calvey
How Are Savvy STR Hosts Using Automation to Transform Their Businesses?
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.
James Wise
Joe Splitrock is scared.
7 May 2024 | 28 replies
The time of the clean cut, good guy champion has arrived
Carlos Lopes
Loan Pay down and breaking even on cash flow
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.