Ramsey Doumani
Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
You need to evaluate the HOA and its management, with a focus on the reserve account percentages.
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
Because a large percentage of the charges are base fees that do not change based on use!
Adam Oldham
Is Wall Street Crowding Out Indianapolis Home Buyers?
23 December 2024 | 8 replies
According to the article, around 5% of the properties are being bought by investment companies, leading to concerns that regular homebuyers are being priced out of the market.1) Do you think this could become a long-term issue, given that the current percentage of investor-bought properties is relatively small?
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
I’m reaching out to you, the seasoned investors, for guidance as I work toward making my first acquisition.So far, I’ve analyzed over 100 deals to assess their viability and profitability, and I understand the law of percentages in CRE.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
Cost segregation can be utilized for many different scenarios such as new construction, properties already owned and newly purchased properties. Generally, the properties that benefit the most from a cost segregation ...
Justin Jefferson
Can someone guide me through the first step of analysis
22 December 2024 | 8 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
David Martoyan
Rethinking ARV: Creative Approaches to Finding Deals in Today's Market
24 December 2024 | 4 replies
and the entire conventional wisdom of the 70% are there any people who don't really use it all and have found out their ways of making the numbers work Like adjusting the percentage based on the market.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
I have 10 properties in the Portsmouth Virginia area and as of right now I am trying to sell those properties and they’re worthless as far as recouping any of the money that I put into the purchase I have claims at the moment with the FTC in the SEC also have a claim with sender I filled out an affidavit and waiting for them to return with the information I have to say Preston and his crew really did a bad job on me for I invested my retirement money in these places and I have no chance of recouping any percentage of my investment I would like to sue these people if it’s all possible I just don’t know how to get started and go about finding a lawyer that would handle the shoot process If anyone out there has any idea as to how I can go about doing this please let me know through this through a post if you would please
Jemini Leckie
Out of State Cash Flow
18 January 2025 | 10 replies
Things just require more ongoing expenses percentage wise out of state because you have to pay people to do everything for you and you will have a longer time building relationships with vendors even when getting decent referrals.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
., set salary, percentage of profits, or other methods)?