Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
You want this to be your backup plan if things take longer than anticipated, you do not want to dip into personal credit cards so i would use a heloc to help with down payment but try to keep a nice available balance on a heloc as your insurance policy.
Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
23 December 2024 | 5 replies
If it's way out of whack with the market average, dig deeper.Debt Service Coverage Ratio: Key for nderstanding if the property's cash flow will cover financing comfortably.Historical Vacancy Trends: Especially in areas like Chicago, where local job markets fluctuate, knowing vacancy trends can help you anticipate rough patches.Rent Growth vs.
Sawyer Smith
Opportunity Zone > 1031?
21 December 2024 | 3 replies
One thing he didn’t anticipate was the complexity of the reporting requiremnets, especially if he wanted investors outside his immediate circle.
Randall King
Sell or hold?
23 December 2024 | 7 replies
Have you had larger Cap Ex projects that you didn't anticipate?
Benjamin Carver
Building an ADU in Raleigh NC: Here's What You Need to Know
6 January 2025 | 8 replies
And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.
Llamier Guzman
Newbie Here (Duplex/Sfh)
10 January 2025 | 23 replies
If you anticipate using your VA loan, why not purchase a four-unit property and rent out the other three units?
Josh Edelman
Las Vegas Market + News for November
18 December 2024 | 2 replies
The highly anticipated location is set to open in 2026, so stay tuned for updates!
Dave Meyer
Recent Syndication Performance?
24 December 2024 | 5 replies
The one performing is retail strips Fund.Long term I anticipate that 2 of my three MF deals will still turn a decent return (not the heyday level returns, but still high single/low double average annual return).
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.
Evan Ross
Managing rent increases
30 December 2024 | 11 replies
It also sets their expectation so they can anticipate the change in their budget. 4.