Cameron K.
Seeking Feedback: Market Rent Research Platform
26 January 2025 | 0 replies
•For example, a listing with three price drops and 180 days on the market would be weighted less than one with 30 contacts, no price drops, and a quick removal after 30 days.3.Open Data:•Provide direct access to each comp’s details: price history, leasing schedules, photos, and even links to the original listing sites—all without leaving the platform.These three issues have been my biggest frustrations with current tools, and I’m building this out for internal use in my market.My questions to you:•Is this something you would want to see in your market?
Kelsey Woodard
New to real estate & building a pocket neighborhood!
26 January 2025 | 4 replies
This kind of community is designed to attract certain individuals that share the same values for the outdoors, smaller living, and a healthy community.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Hi Nathan, I personally love Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.
Kyli Soto
First Rental Property
23 January 2025 | 0 replies
The challenge was balancing the relationship between landlord/tenant and a personal/friendly relationship.
Shannon Hartzell
I need a creative loan for an investment property
24 January 2025 | 3 replies
I am looking at 1 acre of land with a well and a septic already installed.
Kyle Lipko
Excited to Learn and Grow in Real Estate Investing!
19 January 2025 | 3 replies
Do you have an idea of the type of property you want to buy and a price range?
Jonathan Small
2 Bedroom 2yr Rental Into Flip
21 January 2025 | 2 replies
I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.
Ken M.
Buying and Understanding Profit Is Complicated - Here Is What You Need To Consider
26 January 2025 | 0 replies
I'm looking to solve for the followingOffer Price $xxx,xxx (To be solved for) Asking Price $ 438,75035% Above Historical Value xx% (35%)Historical Value $ 325,000 (To be solved for) Rent $ xx,xxx (To be solved for)Rent Actual .005 of ARVOffer Purchase = $ xxx,xxx (To be solved for)Amount Down 20%Amount Down $ xxx,xxx (To be solved for)Closing Costs $ 3,500 Interest Rate 7%Prop Taxes Yr Rate 0.005 (variable by market)Insurance Yr Rate 0.0064 (variable by market)Inflation 2.9%Appreciation 6.4%Cap Ex 10%Repairs 10%Vacancy 8.33%Prop Manager 10%Yearly Return 5%How does one calculate at what price "off of asking", to buy if: we assume in 5 years prices will be back to historical norm If a property is currently priced at 35% above historical value (which is what an economist is saying is the current situation on the MLS)Purchase Price with 20% down, and a 7% int rate, Inflation is at 2.9% and appreciation is at 6.4%, with 5% return on a yearly basisThe following links suggest some costs:https://www.biggerpockets.com/forums/52/topics/588344-how-much-do-you-budget-for-capex-and-repairs-on-single-familyI have this figured out for buying SubTo, and for Wraps, But I don't have experience with using a bank to buy properties and figuring costs. since I never use them.
Mark Updegraff
The Rise of Industrial Real Estate: Why Rochester Is a Goldmine
26 January 2025 | 0 replies
Add in affordable space and a skilled workforce, and you’ve got a recipe for success.4️⃣ Learning from My ClientsI’m watching my clients crush it with their industrial investments, and it’s inspiring me to grow my own portfolio.
David B Graham
Financing needed for multi family
16 January 2025 | 3 replies
I own 4 rental properties and a small strip mall in the Baltimore area