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9 February 2024 | 2 replies
I’m having the darnest time finding a simple handyman. the prices that the contractor gives me is such a rough estimate lol they haven’t even asked me for measurements or whatever. 10k for a click vinyl floor?
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9 February 2024 | 3 replies
A late fee is basically an increase in rent:) Regarding renewing the lease, would carefully go over the payment history to determine the risk.
9 February 2024 | 4 replies
Your mentor has needs; try to meet them and develop a mutually beneficial relationship.A mentor can be very beneficial to your growth, but it's not as simple as one post on a forum full of strangers.
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9 February 2024 | 10 replies
This is the manual input in your underwriting model that reflects the percentage increase your rents will grow each year.Unusually high organic rent growth inputs can be dangerous because it has a compounding effect.Organic rent growth has a compounding effect in your underwriting model.
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9 February 2024 | 7 replies
There are some who have no seasoning requirement as long as rehab was completed and can back up the increase in value.
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9 February 2024 | 5 replies
We have been past our "Number" for several years, so expanding into this Economic market we weighed more towards Risk Analysis and Wealth Preservation than bigger numbers (debt/asset growth) and increased exposure.
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8 February 2024 | 8 replies
Estimate the total cost of the renovation and the expected increase in rental income.
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10 February 2024 | 16 replies
Columbus has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities.
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9 February 2024 | 8 replies
@Jalen De Leon - 1- costly tax planning or entity structuring... you might not benefit from this much yet2- Whoever you choose will request items listed on Sch E and maybe some additional things like closing statements and property tax bills.3- Simple!
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9 February 2024 | 11 replies
Profit margin was a bit thin on their asking, especially seeing as I felt it needed maybe 15k to bring it up to snuff.Doing that would increase the nightly rate by maybe 15-20%.