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2 November 2024 | 8 replies
The numbers back him up— His construction costs are around $200,000 a unit, and his units pull in $600+ ADRs and hit 83% occupancy, with NOI per unit up to $100,000, rivaling 5-star hotels.Financing these beautiful properties?
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2 November 2024 | 20 replies
I certainly don't owe any favors to someone who is not respectful to the property, their Increases are without a 2nd thought.
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2 November 2024 | 28 replies
He needs properties and connecting with agents is a very low cost way to get properties, as Realtors are trusted sources for motivated sellers and naturally get deals brought to them.
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24 October 2024 | 7 replies
Quote from @Daniel Kulik: Hey everyone, I'm developing an automated property management software specifically designed for small to medium-sized landlords.
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3 November 2024 | 0 replies
I borrow dollars from the bank and immediately sell those dollars to owners of commercial income property that I want to own.And then I buy those dollars back over time using the cash our tenants pay us in exchange for using our space.I'm currently shorting $10M and I can't lose regardless of who wins on 11/5By the way, the dollar will always decline in value so this thesis is applicable in any election or economic cycle.Go vote for whoever you feel strongest about, but remember you have infinite more power and that which is within your direct control.
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2 November 2024 | 4 replies
Hi everyone, I am looking into buying a LTR property in OKC and was wondering if anyone has experience with section 8 in Oklahoma City?
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2 November 2024 | 0 replies
Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.
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25 October 2024 | 11 replies
I understand federally I can deduct payments on mortgage interest, property management fees to my onsite property manager, maintenance, etc.
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4 November 2024 | 6 replies
Looking for some opinions please..I am on track to close on my second investment property (3/2) in a few weeks or so with flexible plans for the Seller to rent it back at a discount for a couple months.
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4 November 2024 | 9 replies
Do you have a loan on the property?