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Results (10,000+)
Lyn Wez Evernest Property Manager
18 November 2024 | 13 replies
Most likely because of their attractive flat fees!
Ian I Leinwand Medium Term Rental Leasing - Month to Month or Set Lease Term?
19 November 2024 | 6 replies
It really just depends on what types of travelers you're attracting to your units.
Elliot Angus Seller Finance to 1031
21 November 2024 | 3 replies
Another option is to have him seller finance at a rate and term attractive enough for him to offset the capital gain.
Natali Cobb Should I include washer and dryer in my rental?
18 November 2024 | 35 replies
So far so good.I do feel like you attract more tenants by offering the W/D. 
Ben Polansky Maximizing Real Estate Professional Status
18 November 2024 | 5 replies
If this isn't an attractive alternative to your business partner then you might consider changing the ownership structure or operating agreement as one of your options.
Deal H. Turnkey or BRRRR?
27 November 2024 | 48 replies
These easy cosmetic value adds get your rents/cashflow up and create some equity while also attracting the best tenants. 
Juan Vargas New build, Wont sell.
20 November 2024 | 5 replies
That market from what I can see on the few trips I made to perform due diligence is really robust and such a pretty area I can see the attraction for those working in Tech or govmit in DC. 
Aditya Kohli How to find mid term rentals for 3Bed 2 bath property?
19 November 2024 | 19 replies
We find 2 bedroom units and smaller attract travel nurses, while 3 bedroom or larger attract the types of guests Patricia mentioned above.
James Kerson Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
If your market has a significant number of FHA or VA loans with zero to low down payments where a buyer can't afford to pay their agent out of pocket, your sellers may end up cutting off a significant portion of the home buying market, or once they do come around to considering negotiating on BAC, they may feel deceived, and now you may lose the potential for the recurring client that will ultimately otherwise drive your seller lead acquisition cost down.For planning: In a great business, a good rule of thumb is to estimate:100% Gross Income35% Cost of Sale30% Expenses35% Profit <-- very few businesses achieve this, but we're looking at an ideal solutionAssuming a national price average of $300k and 0.6% GCI, you'd be looking at:$1,800 Gross Income$630 Cost of Sale <-- agents/ transaction coordinators$540 Expenses <-- photos/ signs/ lockboxes/ Errors & Omissions insurance/ MLS fees/ liability insurance/ tech fees/ VA admin support/ marketing to get clients for the business (this piece should be roughly 10% of revenue, which would be $54 in this case)$630k ProfitIf your business sold 1,000 of these homes a year, you would have:$1,800,000 Gross Income$630k Cost of Sale <-- agents/ transaction coordinators (you could have 5 agents handling 200 sales each at $100k incomes and TC support at scale)$540k Expenses <-- photos/ signs/ lockboxes/ Errors & Omissions insurance/ MLS fees/ liability insurance/ tech fees/ VA admin support/ marketing to get clients for the business (you're going to est $125k in runner fees alone for signs; $25k+ in signs, $54k in ads to attract clients, $200k in photos, $10-20k minimum in E&O, $2k in liability, and what tech/ VA support)$630k Profit Scale costs will include hiring a managing broker for compliance to help oversee all of these transactions and implement legal changes and training.
Scott McGadden Looking for next moves for long term SF rentals in the Austin and San Antonio areas
18 November 2024 | 14 replies
You would continue to defer all of the tax and receive potential cash flow until the market becomes more attractive for you.