Trevor Riley
Deal Finding - what makes it so hard?
4 March 2024 | 15 replies
The easiest way to initially figure out if a deal is a good deal or not (for fix and flips) is by doing the formula every lender uses to qualify a loan (70 to 75% maximum of the ARV).
Lily Rodriguez
Wholesaling Formula for offer price
1 March 2024 | 8 replies
I just want to share the formula to new wholesalers because I have been getting deals that don't make sense for myself or my investor clients and in order for you to get a good wholesale deal to your Cash Buyers you need to know this formula.
Alejandro Ferrer
Landlord pays gas and Tenant abuses
4 March 2024 | 17 replies
Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.
Justin Brin
Questions regarding the Appraisal Report?!
1 March 2024 | 1 reply
What will be the formula?
Clint Harris
We bought a grocery store for $850k, converted it to self storage worth $13.5 million
1 March 2024 | 5 replies
Asset class conversion, when you change the asset class, you change the formula by which the asset is valued.
Alberto Nikodimov
Navigating Seasonality in the Short-Term Rental Market in Florida
1 March 2024 | 3 replies
Some cities, recognizing this, have successfully implemented major events, such as the Formula 1 race in Miami, to boost tourism.June - Transitioning to mid-season, June surpasses May as the summer season begins, leading to higher occupancy rates, even though ANR is lower compared to previous months.July - Categorized as mid-season, July stands out due to 4th of July celebrations, resulting in some of the highest nightly rates during the summer months.August - Although August is generally good (mid-season), a slowdown occurs as the end of the month marks the return to school for kids, signaling the end of the summer season and the beginning of the low season.September - Consistently the worst month, September signifies the low season with lower occupancy and nightly rates.
Jack B.
Looking to 1031 my Seattle AREA properties to another state for cash flow and retire
29 February 2024 | 22 replies
Property tax formula for Montgomery, Alabama.Montgomery county tax estimate formula is: appraised value x 20% (without homestead) x .0365!
Juan Espinoza
wholesale question for someone just trying to learn the ropes
27 February 2024 | 6 replies
There is no formula or set prices on rehabs.
Peyton LaBarbera
Do you really need IRR or NPV in rental property investing?
27 February 2024 | 11 replies
I have been looking into IRR and NPV and I am hearing mixed reviews about both of them so I was wondering if you really need either of these two formulas or is one better than the other?
Cali Skier
Tenant Screening: I have criteria that I go by, need guidance on exceptions / gray
27 February 2024 | 4 replies
I go pretty much by the bigger pockets formula, some of my main instant declines are:Gross less than 3x monthly rentevictions, feloniespoor rental historyDogs that my insurance does not coverOk, beyond that, things get gray for me…and I had a coach tell me this… “If you ever make an exception on one criterion, you must continue to make that exception from now on.