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Results (10,000+)
Rob Bergeron Using AI to follow up with my lists of motivated sellers.
29 December 2024 | 2 replies
Yes we use AI for just that: follow up re-engagement and appointment setting.
Nathan Gesner Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
I do not stress over the threats because 1) most are meritless and silly 2) they never follow through for RE related stuff 3) I have ample coverage.  
Steven Diaz New Construction suggestions for STR
23 January 2025 | 6 replies
I'd talk to your zoning office and see. 3 bed 3.5 bath in 1500 sq ft is pushing it. we build super compact and have a layout thats 3 bed 2.5 bath 1 car attached garage in Columbus Ohio.
Devin James Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up. 
Katie Southard Do I sell my rental property and take the cash tax free?
28 January 2025 | 1 reply
Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift. 
Garrett Brown What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
Everyone’s got the same problem: STR oversaturationPrices are high in most markets and if/when you do buy, your competition is fierce thus pushing down nightly rates and occupancy rates in almost every worthwhile marketGood luck fixing that! 
Jay Hinrichs New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
Like Iowa , SC IL and more to follow..  
Tod DuBois Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
Our STR/MTR portfolio typically sees around 80% occupancy, and I’ve noticed that the online travel booking sites often push properties with consistently great guest experiences.
Jeremy Beland This $200k Profit Deal Was Almost Lost Over an Eviction Battle
15 January 2025 | 7 replies
Let’s keep pushing forward. 💪🏡 Keep doing your thing, brother!
Pankaj Malik Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Some people will push to get the maximum, even if it means they may wind up with nothing.