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9 May 2018 | 1 reply
I've often struggled with the process of presenting a low-value offer, but have distilled the process to explaining how I've arrived at the offer, from a starting point of looking at comps to determine an ARV, then moving on to the rehab and holding costs, and ending with an explanation that we need to make a conservative profit for our efforts and the risks we are assuming.I'm looking for suggestions on how to streamline this process to something akin to an elevator pitch, i.e. how to get the whole message across in 30 to 60 seconds without losing the audience.
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14 February 2022 | 5 replies
As for flooding, our home is elevated so it's less of an issue.
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20 April 2016 | 8 replies
It has a big core (elevators, stairs, chases) which makes it difficult to redevelop.
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11 June 2018 | 5 replies
We'll be sticking with 15% for our ROI purposes despite certain elevated risks (should be able to weather it due to # of partners).
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14 April 2022 | 3 replies
I would elevate it to anyone and everyone in government and see if someone will step in to help.
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27 January 2020 | 9 replies
I've learned the hard way that for this kind of area, access control, lighting, video, even a patrol are very important.Regarding rents - Do you really think that market rents for an elevator apartment (not house) are that high.
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28 April 2018 | 24 replies
Just put in my first LOI on an off market opportunity brought to me by a broker who I have cultivated over the course of a few months.The suggestions above are excellent especially:-Have a 1-3 sentence elevator pitch for what you are looking to purchase -Know the sub markets well enough to converse. know which ones you are targeting and why.
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31 January 2024 | 2 replies
The strategic application of these tax credits can indeed unlock significant value and elevate the overall impact of real estate investments.
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20 September 2011 | 10 replies
Thanks for the response Joel.It is on the edge of zone AE.. 100yr elevation known...
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2 June 2016 | 20 replies
A- locations in Charlotte, NC, you will be hard pressed to find great cash flow in our current market because prices are elevated.