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5 December 2024 | 11 replies
I'd say forget the AI buzzword hype and go back to programming something useful based on real transaction-level data like below (that can help you with any deal you find, from whatever source you have).Sales Comps & ARV estimate:Market Stats:AI won't be able to provide you anything close to this, nor does the RedFin/Zillow market data drill down into the market as deep as I do here.Additionally, if you understand how the leading LLM's work based on a black-box floating point matrix, you just can't trust their conclusions like you can with your own program.
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4 December 2024 | 9 replies
She has a higher FICO score but full of eviction records which I was aware after she moved in and was late for the first time by using another public data source.
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4 December 2024 | 8 replies
If you're unable to find comps within a 3 year time frame, I'm interested to know what your other search parameters typically are ( sq. ft. range, bed/bath count/ etc. ) , and also the locations you are unable to source these comps.
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29 November 2024 | 18 replies
So you tell them to open up their ceiling, then they peak around and the source of the leak will become obvious.
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1 December 2024 | 3 replies
Through PHA sources, the article indicates the renovation will cost $112M, twice the initial budget.
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30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?
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6 December 2024 | 34 replies
Also, if you think about it they're just aggregating data from various sources.
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5 December 2024 | 8 replies
Larger, nicer homes tend to be more expensive to maintain and harder to rent consistently due to high turnover costs.4.What are your other sources of income?
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31 December 2024 | 418 replies
You can find more information on the website at or you can contact one of the Investment Counselors for more detailed information.Continued success, Marco SantarelliNorada Capital Management Norada Real Estate Investments(800) 611-3060NoradaCapital.comNoradaRealEstate.comSubscribe to our Podcast Your Premier Source for Turnkey Cash-Flow Investment PropertyWe are proud to be a two-time Inc. 5000 listed company.Norada Real Estate Investments https://www.NoradaRealEstate.comfrom their website:WHAT FEES DO YOU CHARGE?
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4 December 2024 | 32 replies
By your own admission you are not interested in sourcing acquisitions or capital raising, so get a job working as a property manager or in operations for a real estate company.