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2 October 2024 | 1 reply
I was hoping to find someone who might want to do a bit of mentoring or something along the lines as i get started.
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4 October 2024 | 9 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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26 September 2024 | 0 replies
For the better part of two decades I've been involved in real estate in some capacity including but not limited to: mortgage & real estate broker, developer, project manager, STR owner/operator/manager, international investor and beyond.
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2 October 2024 | 1 reply
The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.
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28 September 2024 | 2 replies
We have a handful of properties in the cape coral area that we're trying to find cheaper insurance coverage for.
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30 September 2024 | 26 replies
If you have something typed up already I would LOVE to find out what your experience was like.
2 October 2024 | 10 replies
I looked and have not been able to find any info.
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1 October 2024 | 0 replies
As October rolls in, the weather is cooling and real estate continues to do so as well.
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2 October 2024 | 3 replies
However, the outline below is fairly standard across most business plans.Executive Summary (Objective, mission, keys to success, etc.)Company Summary (Goals, operations, ownership & personnel experience, etc.)Market Analysis & Strategy (Approach for finding deals, investment strategy, etc.)Financial Plan (Startup costs, leverage, reserves, etc.)Exit Strategy (Timeline or milestones for exiting or refinancing investments)
4 October 2024 | 7 replies
Some of our initial baseline, no-go, criteria when we first listed were: 600+ credit score, no evictions, no bankruptcy, and income 3x rent... however, after finding that very few interested parties were eligible to even "enter a review phase" of landlord verifications etc, we loosened up a bit and went to an objective scoring model that I tweaked from a few ideas obtained after speaking to both rental professionals in my local area and some on this forum.