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19 November 2021 | 2 replies
A long term elderly tenant moves out (into assisted living or a smaller property) of a property of mine.
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31 July 2022 | 25 replies
For me, not feeling safe is a hard pass.Houston is very diverse and large.
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19 November 2021 | 2 replies
I have not been nagging or pushing the deal but just offering help or assistance in the probate process (snow removal, mowing, typical upkeep) trying to help and stay in touch.This morning while making a trip to home depot I noticed a tag on the door.
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28 November 2021 | 9 replies
I think you're doing the right thing by seeking legal assistance, I believe there is a formula they follow and should let you know if you fall within that threshold to take that case on or not (I did this for a North Bergen multifamily i bought back in 2019, unfortunately it wasn't successful lol).
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20 November 2021 | 11 replies
As they say on the airplane "secure your mask before assisting others".
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22 November 2021 | 9 replies
I would propose a better way of evaluating real estate and that is to take the difference between the CAP rate and prevailing interest rate and use that to evaluate whether something is a deal or not.D = CAP - %APRThis would allow you to calculate the spread which is directly related to your debt assisted profitability (like a cash on cash return).You can vary what “D” you will accept based on the normal factors you would consider when thinking of the CAP rate (location, building type, number of units, financing, deferred maintenance, etc).You could also rearrange the equation to calculate the CAP to search for opportunities and how to offer for property:CAP = D + %APRIn this case, you can actually figure out the CAP by knowing the “D” you want to get for a given location, building type, etc and understanding the financing available to you and other investors for the opportunity.Any reason this is an inferior approach to CAP rate or cash on cash return?
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24 November 2021 | 3 replies
Essentially this app assists in generating lead lists and allows users to send post cards to properties of interest automatically.
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19 November 2021 | 0 replies
This is a buyer that we also assist with their rehabs so we can learn.
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13 December 2021 | 3 replies
Thank you for any assistance!