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Results (10,000+)
Anderson Smith Target Metrics for MFH - New Investor in Indianapolis
10 March 2021 | 10 replies
Through my research, I've pulled together a few rough target metrics but am struggling to find duplexes in decent neighborhoods (A- to C+) that meet these criteria and am unsure if I should:a) make the targets less stringentb) stick to these targets and just be more patient when looking with propertiesc) look for cheaper properties in lower quality neighborhoodsd) wait it out and hope for a downturn in prices over the next year or soThe rough targets I've established are as follow (note: assuming a mortgage with 25% down)Rent to price ratio: 1% targetCap Rate: 8% targetCash on Cash ROI: 10% targetCash flow per door: $100 minimumI would appreciate any feedback that anyone has on how realistic my target metrics are, especially for the area (Indianapolis) or any advice in general.Additional details: I'm 26 and am just starting to look into real estate investing as something to do on the side; I currently have a steady career and plan to keep working as my primary means of employment for the foreseeable future.
Matthew Koss Value Add to Townhomes in Alexandra VA
21 June 2021 | 6 replies
I recommend to keep being patient and to keep an eye on the market almost everyday.
Paul M. Hot water heater bypass
1 March 2021 | 17 replies
@Paul M.I think you are over-engineering, but if you want to there's no safety issue with the interconnection, especially if you keep it temporary in nature.
Carly Turow First deal during unemployment
1 March 2021 | 13 replies
They will let you know if you will qualify for a loan or what your next steps are in order to qualify for a loan.2) Do what the lender tells you to do. 3) Come up with a plan of action based on what you now know and be patient!
Nathan Gesner Tenants owe $17,000 in rent; Landlord sells for $70,000 loss
5 March 2021 | 101 replies
., we preach "land of the free", where an adult person is supposedly allowed the right to make decisions, good or bad, for their own health and safety.
Aaron V. What Are Some Things You Wish You Did When You Were 19 Years Old?
28 February 2021 | 3 replies
Be patient and continue to save, get more education, and network (once the pandemic is over).
Reco Collins Baltimore Permitting ?
3 March 2021 | 1 reply
During the due diligence process it was uncovered that the tenant is a substance abuse clinic and they are using the property to provide temporary housing for patients.
John Pneumonic Foundation issues - inspection
1 March 2021 | 8 replies
If you are concerned about the safety of your beam in the middle of the beam length (not under the foundation wall), you could consider adding lally columns for support.
Shawn S. Recommendations on How to Act Fast in Today's Market
3 March 2021 | 10 replies
Thanks, @Henry Clark for being patient and taking the time to give me this advice.
Scott Trench Intentionally Leave Property Vacant Due to Rent Control?
5 April 2021 | 22 replies
Expect to take a loss in the near term, but be patient because when the market bounces back to the new "normal" we can raise the rent back to a higher market rate.