Account Closed
Flipping Profits Tumbled To 7 Year Low
5 March 2019 | 16 replies
Or you can just be above average.Yup on the remodels i have done in Charleston i have made no less than 50k per project and the new construction averages about 100k profit per house and up.. so yes i know some only make 15k but .. to compare that to just putting cash out to create 200 a month in delta.. only way this stuff works if you can find deals with a ton of equity.. to just buy sub too and have very little equity to me is a fools errand unless its in known areas for decent appreciation.
Corey Cowan
Cash Flow VS. Everything Else (ROI, Cash on Cash, NOI, ETC...)
4 March 2019 | 8 replies
These metrics are used to compare.
Sarah Kalicin
Property manager recommendations
5 March 2019 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Jason Behrens
Switching from owner paid heating to tenet paid
5 March 2019 | 6 replies
In our area we use natural gas, propane, wood, or pellet stoves and they are all cheaper than electricity.I would figure out what you pay per year to heat with oil then compare that to what it would be with electricity.
Taylor Holden
How to figure out if a property is mismanaged vs. not profitable
5 March 2019 | 6 replies
Compare what you are finding to market and comp standards on all of your underwriting.Property currently not being profitable and bad PM, it could be both with the information given in the post.
Chris Taylor
To Realtor or Not to Realtor?
6 March 2019 | 22 replies
I’ve talked to people who carry their license simply because they use it for purchasing investment properties and I have already experienced a situation that if I had my license I would of had an inside track on a deal compared to someone who would need to contact a realtor and set up an appointment.
Andy Morris
Cap Rate: When to use, is small or big better, and to find rate %
6 March 2019 | 7 replies
Unlike residential, commercial assets aren't based off of comparable prices. 2 office buildings next to one another can have dramatically different valuations because one is twice as big.
Rassan Sampson
Rental Property Amenities
24 March 2019 | 8 replies
I don't think this actually adds a lot of value to your rental but when faced with a comparable that doesn't offer it then they are going to choose you every time and be thankful.
Jerry Tan
Which comes first - RE Agents or PMs
15 March 2019 | 18 replies
The thing to do would be to run a CMA and compare it to recently sold, similar properties.
Mitchell Berry
Best loan for distressed fourplex
5 March 2019 | 1 reply
Compared to hard money, its better rates, longer terms and lower fees.Hard money has its place though, if you need to close really fast and if you haven't had 2 or more exists in the last 24 months, then hard money might be the better choice?