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30 January 2025 | 6 replies
It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.OK, chasing 32unit apartments, acquisition priced between 3.2M - 4.8M.
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24 February 2025 | 27 replies
With that being said if you’re bound and determined to get a degree, get a degree that you make good money with… One guy on the forum is an attorney that appears to have a mountain of confidence, he’s an attorney, and it appears that he’s actually tearing up real estate..
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3 February 2025 | 15 replies
Let's say you split the cost of furniture over a 12 month period amortization rate.Furniture costs: $583Rent $1500Utilities $150Total Cost = $2233After vacancy costs, your monthly rental revenue is actually only $2240 Formula for vacancy (2800*12)*.80You're not making money.
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23 February 2025 | 13 replies
Most of the appreciation you’ve realized is actually inflationary impacts, not necessarily appreciation.
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24 February 2025 | 2 replies
This is an interesting idea - I've actually thought about it a lot lately.
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23 February 2025 | 5 replies
Copies of Leases: Have you been able to review the actual leases in place to see who is responsible for what?
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12 February 2025 | 22 replies
I actually just bought a duplex that was on the market last month in cleveland.
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12 February 2025 | 19 replies
Then, more advanced stuff that those without licenses will have a tough time with: active real estate agents working the area - so i can call them to preview my house - in case they run into potential buyers they know of in their office, Then, I have Listingbook software on my I-phone ( Works with MLS data- by subscription)- that actually knows the number of searches of homes in any given area - so I can blast a promotion of my house to all the agents that have clients looking in the area (not just my subdivision -unless that is what I want), and...for the investor in me: track all the mortgages recorded against the property, so I know how low of an offer I can make - based on the mortgages on the property.
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4 February 2025 | 3 replies
After talking to support (who were actually quite responsive and helpful), they told me I had to publish the ad with only one photo first and then re-post the ad with additional photos later to force the first photo to be first.
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22 February 2025 | 30 replies
I'm born and raised in Iowa (actually a suburb of Des Moines), I now live 2 hours away in Cedar Rapids, because I like this market better.