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12 February 2025 | 3 replies
--AI Analysis----ChatGPT pointed out that the math for Ten flips per year, the text shows$787,500 for Year 2, when it should be $1,012,500, adding that for Year 3, the result should be $4,556,250 as the initial investment should Gemini said this:The math for the "POWER OF FLIPPING Case Study with $50,000" appears to be accurate, based on the information in the source.
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12 February 2025 | 12 replies
@Markus Shobe Haha yep it seems like I just need to create my own...I already use a bunch of spreadsheets so that's fine, I can do that, I was just curious to if anyone had a base model/template I could use. :)
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27 January 2025 | 10 replies
Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.
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18 February 2025 | 148 replies
Another focused on National Realty Investment Advisors, a New Jersey-based firm with a big Philadelphia property-development footprint that promises large returns to investors on national TV and radio ads.
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23 January 2025 | 15 replies
The key is to standardize property quality and management systems, which would appeal to buyers seeking scale.If you’re thinking long-term, holding these properties for cash flow while leveraging local appreciation is also a strong play.
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28 January 2025 | 15 replies
Based on the knowledge and experience you have, would you consider this strategy if you had to go back at my age?
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4 February 2025 | 8 replies
This^^^^^Unless he is loaded with cash reserves and can take a loan out based on his liquid reserves.
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20 January 2025 | 8 replies
For instance:If your area has many corporate offices or conference centers, you're likely to attract business travelers.Family-friendly suburbs with parks and schools often attract families.Downtown locations near nightlife are popular for groups and parties.Review Competitor ListingsSearch for successful Airbnb listings in your area and study their target audience based on:The language in their descriptions.Their reviews (guests often reveal the purpose of their stay).The amenities they offer (e.g., desks and Wi-Fi for professionals, cribs and baby gates for families).Evaluate Your Own SpaceYour property’s layout, amenities, and location may naturally cater to a specific audience.A cozy 1-bedroom apartment downtown might be ideal for professionals or couples.A 3-bedroom house with a yard might appeal more to families.Proximity to nightlife might cater to party groups.Experiment and AdjustIf you're unsure, start broad and monitor who books your property.
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10 February 2025 | 8 replies
Many DSCR would base it on the purchase of land.
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31 January 2025 | 2 replies
Based on my calculations, even with a low down payment, I can achieve positive cash flow (with aggressive enough house hacking).