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3 January 2025 | 4 replies
My ultimate goal is to save up enough money to invest in a fix and flip property(which my family has been doing for a while) and live in it, until I rent it out and use the equity for another home.For any real estate agents or professionals in general, how do you find consistant deals?
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3 January 2025 | 0 replies
The findings are particularly interesting for those focused on the Columbus, Ohio market, which topped the list for both two-bedroom and three-bedroom rental searches.The report also notes a shift towards more apartment searches, influenced by the scarcity of single-family homes and rising interest rates.
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10 January 2025 | 12 replies
@Zach Howard if you're serious, you'll get a Pro Membership so you can access the analysis reports here on BP.You can then share those and ask for feedback:)
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11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
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8 January 2025 | 9 replies
It’s fantastic that you’re diving into real estate investing.. especially multifamily properties, which can be a powerful way to build wealth and generate consistent cash flow.
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8 January 2025 | 34 replies
It depends on your goals—if you're focused on growth, Cleveland might be the better choice, but if you want consistent rental income, Toledo could work well.
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11 January 2025 | 15 replies
no reports of incidents with our residents but there were some people injured and some homes damaged.
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2 January 2025 | 2 replies
HELOCs are specifically helpful in this case so long as you are consistent with paying it back in a timely manner for the next transaction.
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11 January 2025 | 420 replies
A HELOC should be reported on your credit profile as real-estate related.
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12 January 2025 | 8 replies
Most states require them to produce a report with that data to give to the client.So why is having an algorithm look at the rental data illegal, but an individual person look at the data not?