Eric La Pratt
AirBnB Short Term vs. Long Term in Chicago
16 August 2017 | 22 replies
I would think that we would want our furnishings to similarly match the beautiful finishes we used (wherever that sweet spot is) in order to maximize our returns.How are you managing the turnover/cleaning?
Tim LaBorde
Will Real Estate Agents Become Obsolete?
16 October 2015 | 55 replies
In my experience the sweet spot is three weeks for a house priced right.
Chris Reeves
How to estimate 200+ unit apartment complex rehab cost?
5 September 2016 | 6 replies
It is a value add with margins that look pretty sweet - but if the rehab goes double or triple what's been projected then the deal quickly goes from sweet to "meh."
James Figliozzi
Location - Trying to nail down a location for my first investment property
5 January 2024 | 44 replies
Happy to send a screen shot of the portfolio to anyone who wants to see, it just won’t allow me to attach pics to a reply.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.
Joe Edwards-Hoff
Is it Worth Trying a Reverse 1031 Exchange?
25 April 2018 | 10 replies
I'm ok with holding both, but I figured it'd be sweet to pay off the apartments sooner.
Karen O.
Experience with Occupied REOs
26 March 2016 | 5 replies
Local and state rules may complicate any and/or all of those options.Thanks for the short and sweet response, Ron.
Matt Romano
How does everyone else pay off their loans?!?
4 October 2017 | 16 replies
I've paid off 19 doors in the past year, BUT- all were above 6%, privately held with older sellers and/or were commercial loans with shorter terms, adjustable rates and were bothering me for my financials every year like I was a child.I am even leaving my resi's with their sweet fixed rates and long-terms that are under 5% alone, but still punching a monster at 6.5% in the face every month at $7k/mo extra.
Cal C.
Properties I've sold and why. Please add yours. Exclude flips
8 May 2014 | 6 replies
It's bitter sweet.
Edith TenBroek
School quality or crime rate...or something else? What's important?
31 May 2014 | 11 replies
The "sweet" spot, as mentioned before is about 50-60k for rent in the range of about 750-900.Raytown is another solid market area with two high schools.