Kenzer Hodgson
New to STR
19 December 2024 | 6 replies
Dynamic pricing tools like PriceLabs or Beyond Pricing can help boost your revenue by adjusting rates based on demand.
Jake Baker
My BRRRR Horror Story! What could I have done differently?
26 December 2024 | 18 replies
Faced with mounting expenses, extended timelines, and diminishing returns, we ultimately decided to sell the property instead of continuing with the BRRRR strategy.The Insurance Mistake:The biggest lesson I learned was that I had the wrong type of insurance.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
Biggest wealth generators I personally see or those i personally know that most would consider wealthy are those that built a business and sold it ..
Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
Janea L.
AI and REI
29 December 2024 | 17 replies
I believe the biggest impact AI can make in our industry is in follow up reengagement.
Jonathan Small
Case Study: Cockroaches to Cash Flow
27 December 2024 | 2 replies
The biggest problem was that the home was infested with insects and rodents.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
I am a firm believer that most of the reason is between our ears, and the potentially crippling self limiting beliefs are the biggest problem.
Zachary Young
Where To Buy My First Rental Property
30 January 2025 | 56 replies
The biggest mistake I see out of state investors make is relying on others too much for direction and guidance instead of doing their own due diligence and building their own team that they actually meet and interviewRelying on one person who alleges that they have a 'team' built already that you can use as well can be a costly mistake.
Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
Sure enough the rehab ran over budget (we had a large contingency that was used up -- some due to contractor malfeasance, some due to pulling the trigger on big repairs like a new roof) and the revenues were right around expectations, maybe slightly below.
Greg Barber
Need to buy more rentals! How to finance them?
26 December 2024 | 3 replies
The return on equity is probably very low considering they are paid off so maybe explore refinancing or selling the lowest performing one(s) or your biggest headaches to reinvest in more lucrative deals.I noticed you also used a metric of number of rentals to attain your goal rather than $$$/month.