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20 January 2025 | 7 replies
A vacation rental could generate higher returns but requires more active management.
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18 January 2025 | 12 replies
So your 35% operating expenses makes sense and seem plenty conservative to me.
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23 January 2025 | 20 replies
I looked into a program that is called the rei accelerator and they said they will guarantee me a deal of a 60+ unit apartment building in the next 4 months and i will get to a closing table and generate $20,000 a month off my first deal with working with them.
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22 January 2025 | 7 replies
Just make sure you are saving towards those slow months during the peak months, buy a deal at the right price (don't overpay just because its a turnkey STR or you think it will make more money than projected), and look into ways to increase bookings during those slow months with some marketing and operation tweaks.
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15 January 2025 | 15 replies
UBIT is generated two ways.
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23 January 2025 | 5 replies
Analyze properties by looking at gross rental income, operating expenses, and the debt service coverage ratio (DSCR above 1.25 for rentals).
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20 January 2025 | 4 replies
Tyler local, so sparked my interest whenever I see anyone post about the area.Given that your duplex is fully paid off and generating a steady cash flow of $1400 per month, it's understandable that you're having second thoughts about selling it.
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21 January 2025 | 4 replies
The only members I've found with multiple deals are his partners who were already successful, just like Pace, and they use the newbies to help generate more deals.
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24 January 2025 | 4 replies
Annual net operating costs for option 1 are basically the same as the annual revenue.
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16 January 2025 | 3 replies
I have over 30 years experience in operating office buildings in NJ and would be will to run the operating arm of these investments for a % of the deals.