Gloria C.
Best zip codes for investing in Huntsville?
10 January 2025 | 11 replies
But this comes with pockets of C/D neighborhoods, and higher potential for headaches; in addition, appreciation in these zips has probably maxed out for a while.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
I try sending a video or doing a live video walk-through with them so they can get a better idea of the layout, condition, neighborhood, etc.2.
Jennifer Gill
Do Not Call List - sick of calls!
24 January 2025 | 9 replies
I stopped into a barber shop and the lady asked me for my phone number.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
Working to figure out which route has the best conversion rates when targeting specific neighborhoods.
Ricky Moore
First-Time Poster Seeking Advice: How to Approach Heir About Inherited Property
16 January 2025 | 2 replies
If you approached them in a way that you had a solution to the eyesore in their neighborhood they would be very receptive to talk and perhaps share contact details about the home owners son if they have them.
Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Timothy Finney
New Member from Austin, TX – Excited to Begin My Real Estate Journey
18 January 2025 | 6 replies
Focus on neighborhoods near employers or schools, and explore slightly outside Austin for more affordable options.
Karen Margrave
What do you think of this concept for Seniors, Students, etc.?
25 January 2025 | 5 replies
I love this architects designs for cottages and pocket neighborhoods, but this concept is something entirely different.
Rebeca Moreno
Buying my first multi-family unit
17 January 2025 | 9 replies
Are there any specific neighborhoods you are targeting?