Luan Oliveira
Debating going into the Real Estate Agent arena.
11 February 2024 | 11 replies
This is a service industry, you can't force it, in fact the less you care about a transactions outcome the better it will go.
Ethan Espinosa
Networking in San Antonio
10 February 2024 | 4 replies
Whether you're a fellow property owner, a service provider, or just have some tips and tricks to share about the area, I'd love to connect!
Bill Polynice
Residential Assisted Living (RALs) Homes in New Jersey and New York
10 February 2024 | 0 replies
How does the demographic profile (age, income, health status) of potential residents in NJ/NY influence the demand for assisted living services?
Justin Goodin
👋16 CRE Terms You Need to Know
10 February 2024 | 0 replies
16 terms you need to know in commercial real estate:1.Internal Rate of Return (IRR): A metric used to estimate the annualized return on an investment based on the timing and magnitude of cash flows.2.Cash-on-Cash Return: The annual income generated by a property expressed as a percentage of the initial cash investment.3.Discount Rate: The rate used to discount future cash flows to their present value in financial models; often represents the required rate of return.4.Capital Expenditures (CapEx): The funds set aside for property improvements, renovations, or major repairs.5.Gross Operating Income (GOI): The total income generated by a property before subtracting operating expenses.6.Operating Expenses: The costs associated with managing and maintaining a property, including utilities, taxes, insurance, and maintenance.7.Debt Service Coverage Ratio (DSCR): A measure of a property’s ability to cover its debt payments, typically calculated as NOI divided by debt service.8.Loan-to-Value (LTV) Ratio: The ratio of the loan amount to the property’s appraised value, used to assess risk in financing.9.Equity Multiple: A measure of the total return on an investment, calculated as the ratio of total cash flows to initial equity investment.10.Residual Land Value: The estimated value of land after deducting development costs and desired profit margins.11.Sensitivity Analysis: A technique used to assess how changes in key variables (e.g., rent, expenses, interest rates) affect financial model outcomes.12.Operating Pro Forma: A projection of a property’s income and expenses over a specified period, typically used for budgeting and financial analysis.13.Cash Flow Waterfall: A structured distribution of cash flows to different stakeholders in a real estate project, often involving equity investors, lenders, and developers.14.Leverage: The use of borrowed funds (e.g., a mortgage) to finance a real estate investment, potentially amplifying returns but also increasing risk.15.Equity Investment: The amount of money invested by equity partners or investors in a real estate project. 16.
Sandra Regnell
Switching from Reedy and Company
10 February 2024 | 6 replies
Once you close on a property you're then assigned a customer service rep who will contact you weekly for the first month just to build a relationship.
Rachel H.
ESA exemption in Oregon state?
8 February 2024 | 3 replies
ESA is an interesting topic because there is not much case law on the topic and nobody wants to be the first to go to court.FORM TO REQUEST AN ASSISTANCE ANIMALWe are committed to granting reasonable accommodations when necessary to afford persons with disabilities the equal opportunity to use and enjoy our rental properties.Under the Fair Housing Act, a person with a disability is defined as a person who has a physical or mental impairment that substantially limits one or more major life activities.
Christopher Sweeney
Can I do BRRRR through an LLC?
10 February 2024 | 9 replies
DSCR stands for Debt Service Coverage Ratio - basically it means that the income of the property is what qualifies the loan.
Tanuj Yadav
Investing out of state
9 February 2024 | 16 replies
Lastly, the cost to fly to visit a property that most people can afford ends up being cost prohibitive.
Cameron Goodall
Am I pivoting too much or am I just learning as I go?
9 February 2024 | 3 replies
and nothing pencils as a rental that isn't in need of serious rehab, which I cannot afford significant repairs and cosmetic improvements right now.
Matthew Lewis
Off-grid build-to-sell feasibility
9 February 2024 | 1 reply
(this is the house hack option for people who do not like sharing ;) And of course, if you go full solar, most localities and power companies offer many kickbacks if you do decided to have the main power connected as well.Modulars are insanely affordable, quaint, and built well with tons of options.