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9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
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30 January 2025 | 47 replies
I mean you take most mid western or deep south cities and over 50% of the SFRs are rentals. were as on the coasts maybe 10% of sfrs are rentals there is a reason.
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11 February 2025 | 25 replies
The cash payments at locations around the city was a great feature, but there is many errors and apparently RentVine is doing this manually.
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13 January 2025 | 12 replies
I can’t imagine what kind of things the city ask for turning silo into a house haha
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29 January 2025 | 107 replies
Almost 3/4 of the population in the city of Cle rent.
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29 January 2025 | 40 replies
Now, answer me this:Why is "we buy houses in [city] [state]" the best keyword to rank for?
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22 January 2025 | 12 replies
The boogeyman of evictions and landlord hostile cities/states should be a secondary concern.
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10 January 2025 | 13 replies
Since downtown development land goes for $30 million/acre, $100k imposed by the progressive city government for a 40 story building permit is a minor annoyance.
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6 January 2025 | 4 replies
I’d recommend listening to the straight up Chicago investor podcast for local information, going to the variety of meetups that are in this great city, and meeting a lot of the people posting here.