Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.
Denny Knapp
How do i know how much the rehab will cost?
7 December 2024 | 14 replies
Tools like Zillow, Redfin, or even MLS data (if you have access) can help.Good Luck!
Victoria Hogan
Difficulty finding a tenant
5 December 2024 | 15 replies
@Victoria Hogan you're panicking because you don't have enough data to understand what's going on!
Sam Epperson
How to find off market deals for investors, as a realtor?
7 December 2024 | 8 replies
So here is what I do:1 - Get buyer criteria for what they are looking for (exact criteria)2 - Go source that criteria using data provider3 - Scrub the list and plan a marketing campaign around it (i.e) > Direct Mail > Cold Call > SMS > Online Ads > Social Media, etc4 - Once I get inbound leads coming in.
Hal Roberts
Real Estate Analysis Help
30 November 2024 | 2 replies
Common issues include incomplete data (e.g., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
Seeing someone with bad credit, messed up financial, no job, putting the debt on his parent's account to pay for this program and hope to achieve a dream that he's most likely not achieve, really breaks my heart!
Tanner Martillo
Seeking Advice on Potential Short-Term Rental Investment in Cincinnati, OH
1 December 2024 | 3 replies
Additional Details:The property is in a desirable area with good amenities nearby.STR data from AirDNA shows decent revenue potential, but the lack of comps makes me hesitant.I’m looking for a balanced approach that minimizes risk, even if STR performance doesn’t hit expectations.If anyone has experience investing in Cincinnati or navigating markets where STR data is sparse, I’d love to hear your thoughts.
Robert Frazier
What I've learned in re-development---your team matters.
3 December 2024 | 9 replies
The turnaround time should be in your agreement so they have priced things accordingly to achieve what it is you need.
Federico Lombardo
Super Early Days
2 December 2024 | 8 replies
Where I would ultimately like to end up is with multiple properties that I rent out, even on an international level, as I love to travel.In order to achieve my goal: What strategies could you all recommend?
Steven DeHart
Newbie from Southwest Louisiana
5 December 2024 | 24 replies
Although I am outside of my comfort zone and feel like an absolute tool (I'm lost and that's uncomfortable), my faith, drive, and want to achieve my family and life goals continues to motivate me to get outside of my comfort zone and push for continuous improvement.