
19 September 2024 | 8 replies
At that time, I was only marketing to the four major counties here in Tampa, FL, and the surrounding areas.

19 September 2024 | 12 replies
I think BRRRR can still work really well under 2 conditions: 1) you have another substantial source of income and your capital is somewhat renewable (I don't) or 2) you're willing to compromise on your target areas and move to secondary, tertiary, or out of state markets (I am not) or 3) you're very lucky and/or skilled at acquisitions (I am from time to time).

18 September 2024 | 29 replies
At this point I have pretty much thrown in the towel on BR.

19 September 2024 | 15 replies
I've looked at Box and I don't mind paying for cloud storage (since otherwise you pay with privacy) but at the time I didn't like the application integration on iOS as much.

19 September 2024 | 3 replies
Definitely encourage you to practice analyzing a few properties using the “Deal Finder” at the top of your screen, and the Calculators (Under “Analyze Deals).

20 September 2024 | 17 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

18 September 2024 | 19 replies
One thing at a time - i.e separate entrance, etc.

18 September 2024 | 10 replies
Storage 2Unit Number: 145Size of Land: about 0.6acre, not expandablePopulation: about 900K within 3 milesPopulation Growth: decliningRent at 100%: 98KProjected NOI: 65KAsking: 750KOffer price: 650-680K?

19 September 2024 | 8 replies
Personally, I like New Brunswick because of the constant growth at Rutgers, J&J, RWJ, etc - tons of opportunity and we never worry about vacancy here.

19 September 2024 | 1 reply
If I was doing $5M a year or more then I would potential be looking at it differently.I want to note I have had people who prefer private lending over traditional because they do not want to go through the hassle of traditional and are ok paying more for ease of access/dealing with a lender.