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15 November 2021 | 6 replies
Every major metro in Texas (Austin, San Antonio, Dallas - Fort Worth, Houston) had at least one county represented in this list as well as in the following table:Table 3 shows outlying counties for MSAs that were analyzed.
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11 November 2021 | 4 replies
Looking For some help with analyzing this property.
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12 November 2021 | 12 replies
Go get your license as an agent but while you are learning and meeting people, read and watch as many videos about how to analyze deals and estimate repairs.
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15 November 2021 | 2 replies
While this analysis is certainly important, investors in metro areas cannot ignore the upfront time and money required to get an STR up and running.In analyzing a potential STR investment in a metro area, include these estimates as upfront costs (these are strictly furnishing expenses, not including any rehab work):- Living Room: $2k⠀⠀- Dining Room: $700⠀- Kitchen: $750⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀- Bedroom: $1.5k⠀⠀⠀⠀⠀⠀⠀⠀⠀- Bathroom: $300⠀⠀⠀⠀⠀⠀⠀⠀⠀You can certainly furnish a STR for more or less, but these are numbers I try to stick to in putting together a nicely furnished rental that includes personal touches and local flair.If you have any questions about STR investing, please don't hesitate to reach out!
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15 November 2021 | 12 replies
When you analyze deals do you have minimum CoC, IRR and cashflow per door metrics?
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16 November 2021 | 8 replies
Whether that is analyzing a property, contacting a Realtor, a lender, etc.The more you can hold yourself accountable, the better!
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14 November 2021 | 2 replies
Thanks in advance for your help. This would be my first deal. The way I am running the numbers it seems this house barely cash flows. It doesn’t meet general 1% or 50% rules. I have passed on a couple of opportunit...
14 November 2021 | 1 reply
I run several businesses, don't own any canned software and the applications I give away for free is all I use and my records are accurate-to-the penny.One video is only a few minute and it explains the software I use to process my lead lists, for telemarketing, direct mail, analyzing single family, multi-family and I have a lot of educational information and tools.This current software I am working on will never be finishes, but is it also very functional.
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14 November 2021 | 1 reply
Hello, I am a total newbie and was just wondering if someone would be willing to analyze this property: https://www.zillow.com/homedetails/3829-Glengarry-Ave-Kalamazoo-MI-49004/84498155_zpid/I am looking to buy a place to live in for a year, then to rent it out afterwards.
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17 November 2021 | 9 replies
Highly appreciating markets usually have little to no cash flow.When we analyze a property we use the following criteria in this order:1.