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Results (10,000+)
JaMario Price *New Investor Looking for guidance*
1 December 2019 | 6 replies
I summarize the under writing and business plan but I reccomend you read some books on the subject to gain a more in depth understanding which will go a long way in helping you build your portfolio in the future.I start my business plans with market data.You need to find out the following about your market/ sub marketAverge rentsAre rents trending up or downIs it cheaper to rent or own a home What is the median income in your marketWhat is the average occupancy What is average appreciation in your marketWhat are the laws that may apply to your rental investment in your area ie rent control, optional property tax increases.Once you know these thing you can get a good idea as to the supply and demand of rentals in you market and start to make educated assumptions about how yours will perform in the future.Next under writtingFirst understand real estate investment is primarily to things rolled into the same investment firstly an asset( the physical building and the land it sits on) and the business in the building (the tenent/s, cashflow, expenses, and managment.)Not all business make money, and not all investment are winners it's you job to make your business/investment make money.
Nathan Shankles What metrics do you use to determine market conditions?
3 December 2019 | 5 replies
.)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime Statistics Also take into consideration the direction in which each of these market indicators are trending.
Rick Owens How does one sell a rented SFH?
3 September 2019 | 12 replies
The value of your new construction is stagnant at best for the next 2-3 years and probably 5+ years given the current trend in Denver real estate.
Stephanie Gledhill Newbie- first property decision Nashville, TN
17 September 2019 | 15 replies
A home in a desirable area of Nashville should continue to appreciate, if current trends continue.
Darrick Richardson Which is more effective? Mail Marketing or Cold Calling?
20 December 2020 | 14 replies
@Darrick Richardson agree with @cameron tope about direct mailing (and you will need a large budget) ... recent trend is cold calling .
Brennan Taberna Real Estate Market Condition
4 September 2019 | 4 replies
Anything over 6 months indicates a Buyer's market (aka slow, properties are not selling, sellers are dropping prices), anything under 6 months (180 days) indicates a Seller's market (aka a hot market, more demand than supply, prices go up, multiple offers etc).A local broker should be able to provide you with DOM for your market and a complete break down by price segement (hint: luxury price segemnt is often slower) and also changes over time, so you can see a trend.
Scott Sewell Mixed-use Re-fi Questions in Phoebus (Hampton) VA
4 September 2019 | 5 replies
Or was that just a local trend at a specific time?
Olubunmi Adeboye Jr. Negotiating OTC Tax Deeds
5 September 2019 | 10 replies
I've been following the trends.
Account Closed Ideas for Matching Floor and Wall Tiles
4 September 2019 | 0 replies
Floor tiles can also be used on the walls and, in fact, they often are, for a variety of reasons:Floor tiles are generally larger, so those who want large tiles on their walls will likely choose a floor tile.There’s a growing trend of running the floor tile up the walls of the bathroom to create a dramatic, minimalist look.Floor tiles come in more colors, shapes, sizes, and textures than wall-only tiles.Highly polished tiles on the walls are another design trend that’s hot in 2019, but it’s hard to find highly polished wall tiles.All of that said, it’s important to understand that not all floor tiles can necessarily be installed on all walls.
Brad Kelly Multi family newbie, deal analyzer checklist?
17 October 2019 | 22 replies
On the market: population growth 20%+ since 2000, income growth 30%+ since 2000, single family home value growth 40%+ since 2000, down trending crime rate (city-data.com index below 500), unemployment at or below national average, jobs growth of 2-3% annually.On the property: 16%+ IRR with the following assumptions: 75% LTC, economic vacancy of at least 10%, rent growth 3%, expense growth 2%, property taxes are based on 90% of the purchase price (TX-specific), current rents are $200+ below the market, exit cap rate is above historical average.