Ryan Goff
Grocapitus - Anyone have experience with them?
31 January 2025 | 170 replies
I will publish list of failed delayed projects for Grocapitus so people can compare against successful exits and decide accordingly.More projects that are dead in the water.Botanical SouthPark, Austin - Projected construction completion (Oct 2023), Projected IRR 20%, Preferred return 8%Botanica Chase Hill, San Antonio - Projected construction completion (June 2023), Projected IRR 22%, Preferred return 10%Park Lane, Houston - Projected construction completion (July 2022), Projected IRR 22%, Preferred return 8% Looks like all ugro projects.
Gary Abrams
PM software or app, to organize for a secondary manager to take over
7 January 2025 | 3 replies
Do one task at a time in each app to compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
The city offers more affordability compared to the DMV area, with many renovated homes selling below 350k giving you a better chance at finding a property that fits your budget while avoiding sky-high prices.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
It's worth comparing terms between your current lender and others to see who offers the best deal in terms of rates and fees.Purchasing a Property: Whether you purchase through regular listings, an agent, or an auction depends on your risk tolerance and expertise.
Ryan Cousins
Hold onto a Negative Cash Flow Property?
17 January 2025 | 23 replies
@Ryan Cousins it's really going to depend on YOUR analysis/projections of what you think the property will be worth in the future.You'll want to compare that to any capital gains tax-savings if you sell now.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
There is usually not much that compares with what we offer, so we only compete apples to oranges, so incentives are not a good tool for us.The types of tenants we want (multi year) also respond better to an adjustment in rent than an incentive.
Tiffany Palaskas
Sell or keep income producing duplex
1 February 2025 | 51 replies
Hard to give up such a low mortgage rate, but in the end that's small potatoes compared to potential OOS problems.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Examples might include areas in the Midwest, Southeast, or Sunbelt regions.Multifamily Properties: Consider duplexes, triplexes, or small apartment buildings to increase unit count and spread risk across multiple tenants.Short-Term Rentals: If you’re comfortable with the management requirements, STRs in vacation or business travel markets can offer significantly higher cash flow potential than traditional rentals.Value-Add Properties: Look for opportunities to buy undervalued properties where you can force appreciation through renovations or better management.Decision FrameworkRun the Numbers: Compare the projected cash flow, equity growth, and tax implications of selling versus holding with a refinance or HELOC.
Julio Gonzalez
5 Tips to Kickoff 2025 Successfully
7 January 2025 | 0 replies
Have you taken the time to sit down and reflect on last year and how you did compared to the goals you set for yourself in 2024?
Drew Sygit
A Logical Way to Understand & Monitor Your PMC's Maintenance Charges!
26 January 2025 | 2 replies
I whip out big project estimates in a few hours compared to a few days.