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28 April 2019 | 2 replies
IF the numbers make sense and you can rent it out to a rock solid tenant like a government agency, then should be easy to sell if the end numbers are good.Figure out the CAP rate and if that is a good number for that area once the building is fixed up and good operating cash flow.
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22 May 2019 | 40 replies
I liked Memphis (Near airport), Little Rock (Similar to KC/Indy - low unemployment, growing economy, population), Ohio (Cinncinati, Columbus), Kansas City (missouri side), and Indianapolis (Near downtown).
22 April 2019 | 4 replies
Both have equivalent caliber tenants, with NNN leases, and similar cap rates.Property 1 - Round Rock, TX (by the Round Rock High School/Round Rock Ave area) - $383/sqft - built 2008Property 2 - Austin, TX (close to Slaughter Rd/Manchaca Rd) - $340/sqft - built 2015Just based on that data which way would you lean?
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22 April 2019 | 1 reply
Does it have the most popular floor plan (like 3/2), if not can you add a bathroom without more slab?
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22 April 2019 | 8 replies
Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.
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2 September 2019 | 6 replies
The calculators here on BP are rock solid (in my opinion) and perfectly fine to use when analyzing real deals.If you run the numbers and it still meets your investing criteria (e.g. monthly cashflow), the next step would be to checkout the property in person.
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11 September 2019 | 20 replies
For example in your area, Scottsdale seems to be popular.
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4 September 2019 | 8 replies
As for online/electronic options, Cozy is a popular online one because it’s designed for rent collection.
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13 September 2019 | 10 replies
Biggest resource is yourself - know what you are talking about - create or buy spreadsheets to share with your investors, analyze the properties for them and provide them with info - whether they use it or not they will appreciate it and learn to respect you as their agent which will allow you to keep them forever.I work predominately with investors and can gladly speak with you anytime about how my team goes about this.Cheers and rock on!
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5 September 2019 | 2 replies
In that time, I have seen property values increase exponentially in almost every popular destination except for one.