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11 December 2024 | 2 replies
The market seems to have a lot going for it with the beach, the lively downtown, the historical appeal and the night of lights draw during the winter months.
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15 December 2024 | 5 replies
I also like to cross-reference that data with Facebook marketplace, craigslist, Zillow and apartments.com listings to get a really good idea of expectations for rent in a specific area.
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5 December 2024 | 11 replies
There is no question that investors not moving into Real Estate AI-Tools are going to be left behind in consideration of the availability of data, and how AI is using that data to analyze and prove value.
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17 December 2024 | 14 replies
Investors with 10 high quality rentals have historically turned out to be richer than the slumlord with 30 units.
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16 December 2024 | 21 replies
The very basics would be getting your furniture and shopping list together, keyless entry like Schlage (with backup lockbox with physical key very close as well), looking into insurance, local taxes for STRs, and moreAlot of ways to save time and make it easier to self manage with a property management software like Hospitable and data research like AirDNA.
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18 December 2024 | 13 replies
It took less than 5 minutes to enter this data into the BP Rental Calculator and see that the potential was outstanding.
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11 December 2024 | 7 replies
Also, you are not buying at a premium and can allow the property to appreciate if that said area is historically improving.
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2 December 2024 | 11 replies
There's no true data source that aggregate all the data that you look for (at least to my knowledge).
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12 December 2024 | 7 replies
Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level.
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16 December 2024 | 35 replies
UPDATE:I have been putting my data into this rental hero software for a while now and I absolutely love it.