Ned Marz
Looking for simple electronic tenant screening, lease signing, & document storage pla
27 July 2024 | 1 reply
Other platforms like RentRedi are so overloaded with features and require additional subscriptions that I gave up on it --- Baselane was simple as hell and did those things better IMO but is missing some core pieces.What platforms do you love for the above items?
Kenneth Bell
What do investors see as a solid LP return?
31 July 2024 | 20 replies
I specifically want to expand on Chris's point by discussing capital risk buckets, which help set a target return range for IRR.At my company, they are as follows:Core: Lowest risk, Class A product, in Central Business Districts, ranging from 7-10%+ levered IRR (since you're in development, I assume this is most of the asset class you handle).Core Plus: Still low risk, strong location with potential upside, 10-13% levered IRR.Value Add: Medium-high risk, Class B+ or B-, mediocre to strong location with operational or physical upside, 13-15% levered IRR.Opportunistic: Highest risk, major upside potential, varying locations, 15-20% levered IRR.As for the GP/LP split on promoted interest, GPs can choose an aggressive split, but the decision should be strategic and consider the preferences and risk tolerances of potential investors.
Jonathan Weinberger
I spent $800K with Own It Detroit -- $20,000 on this rehab. Rate it! (Part 2)
1 August 2024 | 12 replies
I genuinely hate his property management team and processes to a core though.
Account Closed
A Great Tenant Can’t Make Rent
29 July 2024 | 40 replies
s thin skin defensiveness prevented from noticing the core to all this; The issues come from getting personal or personalizing.
Frank Barletta
Reviewing Parma, OH for Investment Opportunities
27 July 2024 | 19 replies
This combination of affordability, economic stability, and location makes Parma compelling in my research.Taking a deeper dive into the rental market here, I thought this could be a unique investment opportunity because, despite a seemingly low occupancy rate of 23.90%, the rising rental rates highlight a robust demand for single-family homes (SFH), presenting a lucrative avenue for investors like us.The Key Growth Indicator: A significant uptick in SFH building permits during 2022 and 2023 screams a burgeoning market ripe for investment.Property Highlight: Zooming into the zipcode 44134, let's examine a promising investment with this single-family home.3104 Liggett Dr, Parma, OH 44134 On this property, I calculate an ARV estimated between $107,000 and $115,000.
David Charles Edwards
Selling rental properties and moving into Fixed income for early retirement
27 July 2024 | 108 replies
Now if you don't need or want the extra income, then you can just leave thing as is, but then there's also little compelling reason to sell and take the tax hit.
Ivona Villanti
Best cities to invest in Ohio
27 July 2024 | 31 replies
Thank you It does not matter where you start as long as you develop your Core 4.
Cheryl A Perna
Seeking advice for buying a vacation home in downtown Seattle
24 July 2024 | 7 replies
Hello Cheryl, purchasing a vacation home in downtown Seattle, particularly in the Belltown area, can be a compelling investment due to its vibrant urban environment, proximity to major attractions, and scenic waterfront views.
Account Closed
Flipping Rezoned Land
25 July 2024 | 5 replies
The 'shovel-ready' value add will be a compelling feature but could cost a lot.
Mohit Gadkari
Real Estate Investing in or outside CA?
24 July 2024 | 9 replies
Your Core 4 Real Estate team will play a very important role in your success.As for other markets to check out, it really comes down to what you're aiming for.