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26 December 2024 | 2 replies
That's it, but a) print out a page for each property you think is comparable, b) make the list of repairs long and inclusive of everything you've done. c) Put larger items first like kitchen remodel......and don't just say 'kitchen remodel', list things like 'custom backsplash tile/Bosch appliances/recessed can lighting/pot filler/etc. d) Cite the price/value of the work done, and don't be afraid to be generous.
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19 January 2025 | 269 replies
Having that been said, the barriers to entry are very low, which makes it one of the easiest countries for anyone to start doing Airbnb, when compared with other countries.
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2 January 2025 | 10 replies
Today is very different as it is all about the management (and not appreciation) compared to past where management could suck but you still had superior apprecation.This will not crash housing of course but all those "creative" deals where people are paying more than market value are going to realize they have no exit.
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30 December 2024 | 4 replies
Need to be sure you include the "unknown budget" and never take the optimistic approach as it is better to have money left at the end than writing more and more checks that were unplanned for.Again, if you can walk through an actual property and compare notes with someone that does it in your area (key factor), you will be way ahead of what a generic book can give you.
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4 January 2025 | 14 replies
The way I see it is you're comparing two options, to HH or not to HH.
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27 December 2024 | 66 replies
Sadly it is always overvalued for the locals as well.For context: the same comparable duplex a client purchased for $750k last february 2023 in Lil Havana is now asking $925k.
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1 January 2025 | 3 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
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14 January 2025 | 37 replies
Study the original business plan and why it has gone wrong and compare it to the new business plan.
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31 December 2024 | 14 replies
Looking to invest with Praxis, but wanting to compare their current offering with a couple more.
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9 January 2025 | 43 replies
How would this compare with privy and podio?