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18 February 2025 | 9 replies
The reason I say this is that with a 5+ unit a lender will evaluate based on NOI and a cap rate, so adding a 5th unit COULD (or could not) substantially increase the value of the building and make it worthwhile to refinance and pay off the existing loan (that is tied to the "old" quad) anyway.
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5 February 2025 | 4 replies
Does anyone know of a blog I could read or possibly a podcast I could listen to each morning that gives me a simple update on daily market trends?
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6 February 2025 | 2 replies
Louis based and didn't realize how much he hated to travel to care for it!
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6 February 2025 | 7 replies
I would invest in a base model Sundance or Jacuzzi brand.
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18 February 2025 | 6 replies
The IRS taxes home sale profits based on ownership, not who receives the money.
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12 February 2025 | 19 replies
Then, more advanced stuff that those without licenses will have a tough time with: active real estate agents working the area - so i can call them to preview my house - in case they run into potential buyers they know of in their office, Then, I have Listingbook software on my I-phone ( Works with MLS data- by subscription)- that actually knows the number of searches of homes in any given area - so I can blast a promotion of my house to all the agents that have clients looking in the area (not just my subdivision -unless that is what I want), and...for the investor in me: track all the mortgages recorded against the property, so I know how low of an offer I can make - based on the mortgages on the property.
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5 February 2025 | 7 replies
I’d recommend checking out some of the podcasts on BiggerPockets to hear from other investors who are finding success in the STR's .
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4 February 2025 | 0 replies
See the map below for where these zip codes are located.Note: The following charts only include properties in the above zip codes that generally match our property profile: single-family homes featuring 3-4 bedrooms, 2-3 bathrooms, 2-3 car garages, 1,100 to 2,400 square feet of living space, 1 or 2 stories, and lot sizes ranging from 3,000 to 6,000 square feet, built on or after 1985.Appreciation10-Year $/SF by Zip Code 2015-01-01 to 2024-12-31From the above charts, these zip codes appear to appreciate the fastest among our target areas (based on annualized growth rate)89032 (North Las Vegas), 11.0%89015 (Henderson), 10.4%89143 (Centennial Hills), 9.9%89031 (North Las Vegas), 9.8%89138 (Summerlin), 9.4%89141 (Blue Diamond, Southern Highlands), 9.4%89128 (Summerlin), 9.3%89123 (Silverado Ranch), 9.1%89129 (Northwest), 9.1%5-Year Pre-COVID $/SF by Zip Code 2015-01-01 to 2020-03-01The COVID market frenzy and the subsequent dramatic rate hikes significantly distorted price and rent trends.
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7 February 2025 | 11 replies
PM me and I can send you my template for this.Before I started handling these myself, I used: George Gibbs who's based in Charlotte but works state wide from what I understand.
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1 February 2025 | 10 replies
@Brian Ploszay he does teaching, podcasts, and boot camps about real estate.