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5 December 2024 | 5 replies
Is there a workaround or a way to get this re-evaluated?
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17 December 2024 | 13 replies
For his coaching he advertises that his coaches are paying members who are independent contractors & not employed by REtipster & that you are encouraged to evaluate them & determine their suitability for your needs.
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5 December 2024 | 7 replies
It sounds like you're in a good position to evaluate your options carefully.
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4 December 2024 | 9 replies
I've read a lot of posts in the forum here on the pros and cons of this strategy... what I would love is some insights from actual PadSplit hosts on the assumptions/operating expenses to take into account when evaluating a property.
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2 December 2024 | 3 replies
@Dennis Gallagheri don't really use any rules anymore, i just evaluate the actual expenses on actual properties.
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30 November 2024 | 2 replies
., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")
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30 November 2024 | 1 reply
To evaluate Real esteate deals for creative financing, start by identifying seller motivations i.e. financial distress, desire for passive income, do they need a downpayment on their next house, etc and property factors like equity or existing financing terms.
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2 December 2024 | 3 replies
Something almost always comes up and that helps you be realistic when evaluating deals, securing financing, etc.
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3 December 2024 | 5 replies
So many people gloss over properties before truly evaluating their pro forma rent.Also, I think it's a great point about this strategy working in higher rent/gentrification areas of Chicago..it seems counterintuitive.
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2 December 2024 | 9 replies
Will add though, that a good PMC will immediately alert an owner about what their property really is and the expected challenges.Unfortunately, a decent portion of the time we do this, owners either don't want to believe the Evaluation Video we send them or decide to sell.