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7 August 2019 | 5 replies
I am using "657 N 41st St Philadelphia, PA, 19104" as a first model.
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19 August 2019 | 7 replies
Do you want to be more hands on and manage rehab to rent such as a buy and hold model for SFR?
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10 August 2019 | 7 replies
On the surface this sounds like a very "skinny" deal with the payment at $1109 and the proposed rent at $1200; however when we fill the house with a lease/option model we can always get a premium to market rents, typically 20-30%.
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7 August 2019 | 0 replies
I have come up with a list of skills that I feel would be a great help to the renovation process:3D Modeling/Building Measurements-With a 3D model you can get accurate floor plans, elevations and 3D views of the buildingTest Fit Layouts-Once the 3D model is built, multiple layouts can be created and analyzed-Potential problems can be solved before they are builtMaterial Calculation/Cost-When the design is finalized, square footages and materials can be calculated based off of the modelVisualization Renderings-You get imagery of the building/spaces before construction moves forward-There is a reference during construction Construction Documentation-Specific details can be drawn and dimensioned Staging-A house with furniture better shows the potential of the space Architectural Photography-People want nice pictures that actually show the space and they want a lot of themI would appreciate your feedback on this.
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11 August 2019 | 10 replies
Don't let the higher revenue be a litmus test as it depends on your business model, thus your operating costs to which you might find the standard rental ends up cash flowing better due to the reduce operating costs.
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13 August 2019 | 2 replies
Interestingly, different successful models can exist at the same time in the same area under certain circumstances which makes it even more confusing to the novice.
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14 December 2019 | 3 replies
I worked with an investor in the past who has this same business model, but in upstate Oneonta area, but with house.
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8 August 2019 | 4 replies
I was trying to upgrade my business model to 100% ceramic tile floors and shutters.
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14 August 2019 | 1 reply
If you are interested in just discussing the RE business model as it pertains to the local market or the topic in general feel free to contact me.
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21 August 2019 | 8 replies
I have no data to back this all up, this is solely a personal opinion. https://www.cnbc.com/2019/08/08/big-short-investor-steve-eisman-says-zillow-has-one-of-the-most-flawed-business-models-hes-seen.html