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16 December 2018 | 37 replies
However, it is also a fact that, statistically speaking, college graduates will earn more income.
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19 December 2018 | 7 replies
Condo median prices dipped slightly last month, but unless you see a dip for a few months consecutively it's likely to be just statistical noise or related to the season.
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16 December 2018 | 4 replies
You can use the BP calculators to run these numbers, but below is my quick summary on how I would evaluate the numbers (and correct me if I incorrectly input any of your data):6,175 - Monthly Rent (1,499) - Monthly Debt which is rough guess of 75% LTV on 20yr commercial term(432) 7% Vacancy (494) 8% Property Management (235) Monthly Property Taxes(325) Monthly Insurance (925) Water(250) Landscaping/Snow - I added (550) Heat/Gas(185) Trash (100) Repairs(308) 5% Cap EX872 Monthly CFSo you're at roughly $100/door and this assumes you don't need to make any upfront renovation to the property (which I would assume you do need to do something).
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17 December 2018 | 8 replies
Somewhat tangent to this subject and probably a bigger attribute to the overall landscape than the mom-n-pop owners of a 6 unit, is the concept of baby boomers driving rental demand and ultimately lower SFH housing demand:https://therealdeal.com/2018/07/20/could-baby-boom...https://www.propertymanagementinsider.com/baby-boo...From the first article I linked, baby boomers currently own $32M homes, or 40% of all homes in the US.
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14 December 2018 | 0 replies
The data you collect now will be invaluable when you have a property to sell.Social MediaIn today’s marketing landscape, there’s no denying social media is at the center.
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14 January 2019 | 53 replies
Supply has gone up slightly in Atlanta but no price decreases. 60-90 days on market has been the statistical average over the long term.
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7 March 2015 | 7 replies
Needs a new roof, alot of cosmetic repairs, some landscaping.
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9 March 2015 | 1 reply
I am looking on possibly doing my first flip here's the details:3 bed 1.5 bath 1200 sf ranch with semi finished basement at foreclosure asking 70k really only needs paint,carpet and landscaping.
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13 March 2015 | 4 replies
All in costs for my house (not including the principal payments I've been making for two years) is about $10,000 (down payment plus upgrades).So, I can rent it for $1,400/month, and after PITI and landscaping, monthly cash flow is $100 or 12% annual cash flow.
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26 July 2016 | 21 replies
@Dev HornOMG Dev, I'm so glad your experienced view and hard statistics was added to this thread.