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17 August 2020 | 40 replies
If you want to differentiate yourself from a traditional mortgaged deal then perhaps you should say you are privately financed and approved, then supply the letter from the HML.
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16 July 2018 | 12 replies
You need to understand the differential in your particular market.
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24 March 2019 | 2 replies
$2900/ Month Gross rents when we took over 1.1.18 and $4100 gross Rents by August 2018- Capital Heavy in first year but now both quads have new roofs ( 1 due to a hurricane) all new windows ( except one unit) , 2 units have been completely redone ( and upfits should last at least 2-3 turns) , - Opportunity to conintue increasing our NOI by decreasing expenses and increasing rents We can focus on keeping our tenants happy and improving the property to differentiate us from the competition Lessons learned?
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10 November 2018 | 42 replies
@Jonathan Marsh 1) you need to differentiate between the type of properties you're looking for: 2-4 units is considered residential MFH, 5+ units is considered commercial2) in terms of the main aspects, there are too many to list.
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28 July 2020 | 8 replies
The vacation rental thing was fun but I'm ready for something different. I
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21 October 2019 | 8 replies
By nature, we all skew numbers in our favor - and wholesalers are no different. I
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16 February 2021 | 1 reply
Or something completely different?I
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21 March 2023 | 14 replies
The short answer is no.Financing will much more expensive and difficult to acquire for a 5 unit.What's the cost to build the 5th unit vs the cash flow differential?
22 March 2021 | 18 replies
Excellent comments Daniel.The role of a broker is indeed different, I think what he was after is more of a Management agency for the property (which is more important, long term).
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19 July 2018 | 14 replies
There is a huge price differential between Manhattan, Buffalo and Lake Placid.There is such a huge difference in each city, and neighborhood, that it is hard to say all of Florida would work for you.Personally, I love Ocala, its smaller and slower than Orlando and there are some great deals on real estate here with a very hot rental market.