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18 December 2024 | 29 replies
Should I re evaluate what strategy I should use and maybe look further out in places such as Rochester and BRRR properties out thereHey @Jared Leggett, I know I'm jumping in here late in the game, and I have to admit that I haven't read all the many comments you've gotten, but I wanted to provide what I imagine and glean is a contrary view.It is easy to dunk on NYC for young investors starting out, but if you are a first time homebuyer you can buy a $1M property with $35k down (+ closing costs which can be avoided with seller's concessions).
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19 December 2024 | 22 replies
I'd also recommend diving into books, podcasts, and even attending real estate events to start learning more.Here:Learn the Basics: Study property types, financing, and market trends.Network: Attend events, connect with pros, and build relationships.Find a Mentor: Seek guidance from someone experienced in commercial real estate.Start Small: Look at smaller deals or partnerships to get your feet wet.Take Action: Once ready, start evaluating deals and making offers.
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9 December 2024 | 14 replies
The guest can log into any of their apps (Netflix, Paramount, etc.) and the TV automatically logs them off once their stay is over.Even old people with no streaming services can watch the hundreds of free ROKU channels with commercials.
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19 December 2024 | 15 replies
However, if the property is a long-term hold, the lower interest rate with a prepayment penalty can often result in better overall returns.Another consideration investors should evaluate is how prepayment penalties are structured - whether it's a declining penalty over time or a flat fee - because this can significantly impact their profitability when selling earlier than expected.
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11 December 2024 | 8 replies
It's too bad, it used to keep me logged in with no problems.
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19 December 2024 | 55 replies
i have up to 50k dry powder that i'm currently evaluating various ST instruments to invest in.
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13 December 2024 | 13 replies
What are your tips on finding and evaluating areas to purchase?
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9 December 2024 | 21 replies
Hey folks,I am brand new to STR's and am here looking for suggestions around STR in Kissimmee area. I have an opportunity to purchase a 2019 built 6 bed/6 bath 3300 sqft (Pool/spa, media room, full size garage) fully ...
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18 December 2024 | 26 replies
Account for property management costs if you’re not managing it yourself and compare financing options.Tools like Rentometer (rental rates), BiggerPockets Calculator (cash flow analysis), CoStar/LoopNet (market data), and PropStream (property details) can help you evaluate deals effectively.
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15 December 2024 | 6 replies
Then a Civil Engineer, an Appraiser to determine what having a four unit would be worth, then a loan using the evaluation.