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24 May 2024 | 1 reply
Our goals are more long-term (buy and hold) and lean more toward appreciating markets, but are not opposed to more CF markets, if it's the right deal.
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24 May 2024 | 6 replies
Other notes: - Tenants that pay for their water usage are more likely to be more conservative on the usage and also inform you about any maintenance issues as opposed to a tenant that does not pay for water and let's a running toilet, or a small leaky pipe under the sink, go unmentioned. - I don't know a lot about Condo Conversions however if shared meter, can just wrap that into monthly Condo Fees Hope this helps!
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23 May 2024 | 6 replies
So, I am familiar with cold calling, however I have not closed the majority of my transactions from cold calling as opposed to direct mail/bandit signs.
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23 May 2024 | 3 replies
This is the most clear cut easiest way to reject her if I'm allowed to reject her for an eviction proceeding, as opposed to an eviction that has already happened.
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23 May 2024 | 7 replies
If you are looking to do cost seg utilizing the STR "loophole," then it may put you into a commercial depreciation schedule (39 years) as opposed to a residential schedule (27.5 years).
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22 May 2024 | 13 replies
Or you can be in between the 2, and get a 5% ROI in a decent area (Numbers are not exact, just examples)I hear many people say they are doing it for "long term wealth", but will end up turning down an opportunity that will be much better off in 5 years, opposed to another property that looks great now, but in 5 years will be in the same spot it was before.
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23 May 2024 | 43 replies
As opposed to another property in the 60-80k range that's not as nice rehab wise but is in a much better area that is known to have medical job types that would still have decent cash flow.
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20 May 2024 | 8 replies
The big differences are that RV parks are typically amenity rich which requires more overhead, can be seasonal in nature (but not always), require a nearby destination to work well (as opposed to employers), and use values that are typically 2 points higher in cap rate.
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20 May 2024 | 7 replies
I'd bet he makes more on the marketing side as opposed to actual RE Investing.
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20 May 2024 | 20 replies
I would prefer the risk of a renovation to upgrade a building as opposed to location risk with a high risk tenant pool.