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15 August 2019 | 6 replies
The good news is you can still make money.
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15 August 2019 | 2 replies
To it I'll add the following:Bullet level (useful for checking slopes on walls, floors, etc.)Digital tape measure (nice for checking room sizes, lot sizes, etc.)A "regular" tape measure (for checking door sizes, window sizes, ceiling heights, etc.).
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19 August 2019 | 9 replies
The nice thing is, they cashflow the day I buy them and when I increase the rents (which I can because that's what I buy - only buildings in areas where I KNOW with 100% certainty the rents are increasing), I create higher cashflow and higher value.This model is what I am doing and it enabled me to deliver double digit returns to my investors and no investor of mine has lost his/her capital with my company.So the model works ;)
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7 September 2019 | 56 replies
I think too many people focus on "national" trends they hear about in the news and don't pay enough attention to local trends.
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24 September 2019 | 3 replies
We are well over 20,000 units in the last 18 months, and demand continues to outpace supply.https://www.bizjournals.com/orlando/news/2019/04/02/orlando-has-1-7b-in-proposed-apartment-projects.htmlThe issue is most of these end up being luxury apartments because cost of land + construction doesn't support affordable housing rates, but most disney and theme park employees are at or near minimum wage and can't afford $2,000+ monthly rents.Small multi-family can be a great investment but is notoriously limited in Central FL.
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30 August 2019 | 4 replies
@erikbaumer Here are two other good summaries of the 2019 law changes: http://www.realestateindepth.com/news/things-to-know-expansion-of-rent-regulation-and-tenant-protection/https://www.nysar.com/docs/default-source/legal/2019-nysar-landlord-tenant-reform---memorandum.pdf?
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19 August 2019 | 5 replies
Hope this helps. http://utahrealtors.com/news-center/housing-statistics/
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18 August 2019 | 6 replies
The good news is, it doesn't have to be your own mistakes, you can also learn from other people's experience!
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9 July 2021 | 30 replies
So the bad news is, there is no free lunch here either lol - you are facing tough local competition and we have many very active investors.
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20 August 2019 | 3 replies
I am looking for some advice on how to organize things digitally.