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17 January 2019 | 18 replies
Props to you for taking the time to explore and learn.I assume with those numbers you are planning to finance both the property purchase and the rehab costs?
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8 January 2019 | 0 replies
If it intimidates you, don't worry, I will attempt to be concise and provide a laymens terms summary.Basic statistics crash course:Obtain as many sample rent data as possible (Zillow works)Define alpha for null hypothesis testing ( 0.05)Run multiple regression analysis (#bed, #bath, sq ft) against active rental list prices.Observe P-values for each metricResult:#Bed - 0.02#Bath - 0.04Sq ft - 0.02All are below or equal to 0.05, reject null hypothesis (statistically significant).Create multiple regression line using coefficients for each metric.Input variables from project property and solve for rent!
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16 August 2018 | 1 reply
No software is good at everything so you have to choose what's important to you: Is it Data?
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15 November 2018 | 11 replies
Several council members are in favor of putting a cap on the number of allowed STR's (similar to Manitou Springs) but it was put forward by Meghan Herrington and Jill Gaebler that we don't know how many there are until everyone gets registered and then the data will be there.
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23 August 2018 | 8 replies
A good turnkey company should have solid data to back up those numbers, and they should be happy to talk to you about the specifics, how the numbers are calculated, etc.
26 August 2018 | 37 replies
Pending sales you have no firm data as to their sales price, or if they will even close.
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26 August 2018 | 0 replies
If so , please give me feedback on topics like accuracy of the data and what do you like the best about it
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30 August 2018 | 11 replies
Better neighborhoods often prices blew up past data at 15-20% over is common.
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8 October 2018 | 4 replies
Explore over 23,000 real estate-related companies here on BP, you will, after some time and vetting, find your next property manager in your area.
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17 September 2018 | 15 replies
Just questions to ask him as you explore the idea.In the end, just remember that the arrangement needs to be mutually beneficial (especially when dealing with family) and that literally everything is negotiable.Good luck!