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3 August 2024 | 29 replies
I think it's worth it.
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31 July 2024 | 16 replies
I’m trying to understand if this situation is normal and if it's worth my time to pursue the tenants for the lost rent and damages.
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2 August 2024 | 10 replies
@Manuel A Zuaznabarunderstand it's expensive / high barrier of entry but the midwest comes with issues tooi think it's worth itwhat you don't want to do is buy a random property that looks great and then start sinking tens of thousands into itlike these folkshttps://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...
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5 August 2024 | 6 replies
But if you start doing some research you'll see there's a ton happening under the surface.Price points are still quite low and you can still find solid cash flowing deals if you know what you're doing.
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6 August 2024 | 28 replies
Pay close attention to the capital stack, how much debt there is, how much preferred equity there is, how much the GP is co-investing, how much they project rents to rise organically every year, what exit cap rate they're assuming, how much cash reserves the property/investment will have, how much does the deal returns change when you add 50-200 bps to the cap rate, what is your breakeven occupancy and exit cap rate, and a bunch more.
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5 August 2024 | 16 replies
Lowering prices on slower days can fill in the gaps, and it’s also worth setting longer minimum stays in advance to mitigate low booking volume over time.In my experience, mid-week travelers are usually on the road for work—client meetings, interviews, conferences, that sort of thing.
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5 August 2024 | 0 replies
Purchase price: $21,000 Cash invested: $25,000 Sale price: $55,500 Contributors: Peter Vekselman Partner Driven, in collaboration with Tricia Hart, successfully completed a renovation project on Water Street in Delphi, IN.
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2 August 2024 | 8 replies
-"notice of assessment lien" I think this is for not paying the HOA (He claims he did pay the HOA) about 3k-"transcript of judgement" It looks like he owes a credit union 16kFor what it is worth, he has hired a lawyer to try to get out of his debts.Are the following assumptions correct?
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6 August 2024 | 6 replies
While current deals may not seem to offer great cash flow, the increasing housing inventory and potential rate cuts next year could improve your prospects.
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5 August 2024 | 4 replies
Pull cash buyers in your area from a data set or market it on social media.