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7 December 2024 | 4 replies
@Julian Martinez woo, that window wall definitely has a wow factor.
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5 December 2024 | 34 replies
BUT for certain rural areas it's worth it's weight in gold because of the reliability factor vs an unreliable or expensive existing utility structure.
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4 December 2024 | 6 replies
Look into factors like vacancy rates, local job growth, and tenant demand to pinpoint promising markets.Once you find a property, work on running the numbers carefully—factor in purchase price, rehab costs (if applicable), property management fees, and reserves.
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7 December 2024 | 35 replies
Other factors such as the quality of the tenant, and location will also determine the value you can get.
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6 December 2024 | 27 replies
Given your experience managing 138 doors, you already have a significant advantage in understanding tenant needs, property maintenance, and financial planning.Key tips:Focus on personal finances: Keep building excellent credit and maintaining healthy reserves.Financing: Explore loan options like conventional, or DSCR loans to maximize your purchasing power.Location: Research neighborhoods with strong Section 8 demand and landlord-friendly regulations.Due diligence: Analyze properties carefully, factoring in rehab costs, property management, and cash flow potential.Your expertise and willingness to learn put you in a strong position—best of luck!
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8 December 2024 | 28 replies
I base the price on a few factors - Room size, amenities and area average rents.
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7 December 2024 | 8 replies
Run your comps and be prepared to adjust a suggested price based on condition, layout, and other factors.
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24 November 2024 | 2 replies
From my understanding, the IDR plan will factor in my income and family size, making it more affordable.
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10 December 2024 | 100 replies
So there is a 100X weight factor on the licensed professionals for literally everything, everything done and everything not done.
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10 December 2024 | 39 replies
My gut reaction would be that price is high (granted I don’t know the area at all).But if it has been sitting on the market- which it was listed in 2023 for close to $200k less and did not sell my guess is price is the factor - while offering owner finance - it’s only good if it could still provide great cash flow while not overpaying.