Khyree Randall
Seeking advice for making offers on mls listings
22 January 2025 | 16 replies
Sometimes the asking price does not reflect what's actually going on, there's a tenant, there's a change in the seller's situation, etc.
Pamela Rivas
Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
The Mexican corporation, generally advised if you buy multiple properties, given the higher costs.
Paul Baldwin
Any body ever work with Five Stream Ventures
16 January 2025 | 4 replies
We believe it’s not the buyer’s fault if title issues arise, and it wouldn’t be right to keep the earnest money in those situations.
Miguel Del Mazo
Sale on new Furnished finder listing
10 January 2025 | 6 replies
I would love to benefit from the savings of grouping the listings as a primary with add-ons, but the last time I tried that, there were multiple issues on their end.
Marc Shin
Airbnb first photo tips - what should be on the first photo?
31 December 2024 | 14 replies
Since you are splicing multiple pictures, why not show a good one of the game room and other other key parts of the house instead of all of the game room?
Golan Corshidi
Can you find good deals on the MLS that have been sitting on the market for a while?
22 January 2025 | 3 replies
It’s a win-win situation for both parties.4o
Mike Beer
Has anyone tried the RaiseMasters program by Hunter Thompson
14 January 2025 | 39 replies
If you want immediate answers and help on a certain subject or area, multiple experienced members and leadership team members will be pretty quick about answering questions or connecting you with the right person through slack.
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.
Adam Hardy
Putting rental under LLC
15 January 2025 | 1 reply
Unique situation that I’d like advice on.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
I feel like I've dealt with every time crazy situation there is here in Chicago with squatters, evictions, drug dealers, etc., and I still love Cook County because I have a solid team and underwrite deals properly.I think @Paul De Luca nailed it on the head, though - it seems like you are quite risk-adverse, so maybe given your risk tolerance, it's not the best idea, but if it were me, I would not think twice about it, and find a rock start property manager who knows exactly how to vet tenants.