Austin Bull
AI and REI
29 December 2024 | 8 replies
In my opinion, the best agents, appraisers, home inspectors, contractors, lenders will utilize AI as a complement towards their existing businesses to spur greater growth and operational efficiencies.
Hannah Liu
Excited to Learn and Connect in the Real Estate Journey!
31 December 2024 | 13 replies
Investor focused realtors & Property managers are going to be your biggest asset since they'll be finding your deals & managing the day to day operations for you.
Reeves Bennett
How to Scale Multiple BRRRR Deals in a Year
17 December 2024 | 14 replies
Also, juggling multiple rehabs often means building a core team of reliable contractors and setting firm project timelines.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
They look and operate fine and the cost to replace is minimal.
Benjamin Finney
Macro Economic Indicators to Inform Investment and Lending Business
23 December 2024 | 5 replies
I personally dont do any of that.. every market / or most will have an active fix and flip sector or buy and hold sector the important thing to me is the operator full stop.. great operator will do well in any market and all the national data simply is noise at least at my level. ( loaning our own money and JV deals with our own money) we dont broker or anything like that.
J. Mitchell Bernier
Valdosta, GA Market Update
29 December 2024 | 4 replies
Rough calculations on what I need to be looking for:90k deal (purchase and renovations to get max rent)20% down = 18k from me80% bank loan at 8%, 20 yr amortization = 72k-------------------------------------------------- Here's my DSCR calculation:Calculate Net Operating Income (NOI):Monthly rent: $125040% expense ratio (taxes, insurance, repairs, vacancy) = $480NOI: $1250 - $500 = $750Calculate Monthly Mortgage Payment:Loan Amount: $75,000Interest Rate: 8% per year (0.08/12 = 0.006667 monthly)Loan Term: 20 years (20 * 12 = 240 months)Monthly Payment ≈ $627.83Calculate DSCR:DSCR = NOI / Monthly Mortgage PaymentDSCR = $750 / $627.83DSCR ≈ 1.20Therefore, with a $75,000 mortgage at 8% interest over 20 years, the DSCR is approximately 1.20
Rick Im
Discrepancies with public records
28 December 2024 | 4 replies
Functionally, it operates as a 2-story home since the downstairs area has multiple windows in each room and plenty of natural light.
Bradley Buxton
What are the scariest things about real estate investing?
5 January 2025 | 24 replies
Buying an out of state rental property from a realtor, wholesaler or off facebook or zillow etc as opposed to from an operation or turnkey provider who has an active, substancial, and effective boots on the ground team or teams to support you after you close on the sale.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
It blows my mind that you can actually start and operate a legitimate business in the US without telling the government (not the public) the name and address of the owner.
Derek Stevens
Valuation of unconventional and profitable STR property
26 December 2024 | 18 replies
The issue I have seen with these types of properties is they could have two valuations - the value of the real estate which the structures will have little value and you have the land the other is as an operating business just like a bed and breakfast would have - real estate has value but it operates a business now you mention 12k / month but if someone also has to manage the property what is that worth and what would someone pay to manage a property like this?