Rachel Reese
Duplex Property Analysis....Opinions?
5 May 2020 | 9 replies
I did that to get started and a very fast effect on growing my business.
George Hausmann
New Investor In The DC Metro Area
9 May 2020 | 8 replies
Some factors that effect price include how many total tenants there will be, how nice the unit is, and what utilities/amenities are included.
Justin Mayne
Tenant lease problem
12 May 2020 | 10 replies
The existing leases stay in effect until they have run their term.
Damian Salto
A young wholesaler
28 June 2020 | 4 replies
Having an effective brand is the difference between slow and painful growth and exponential growth when it comes to client facing industries.
Christopher Veljkovic
“As Is Sale” in New Jersey Help
5 May 2020 | 5 replies
You add the language to the NJ sales contract in the addendum that states something to the effect of "Buyer agrees to do inspections for informational purposes only.
Jerry Agbon
Owner portal features in property management platforms
20 May 2020 | 15 replies
For clients, I'd say that if a PM can work efficiently and effectively within the software they are using, that is FAR more important than the owner portal features you want to see; a PM with good systems is not going to switch their core software, and there are plenty of subpar PMs who use great software with poor results.
Paul D.
Besides the calculator how is everyone analyzing their numbers?
4 May 2020 | 28 replies
I'm shopping in Long Island NY and it seems impossible to buy using the 1% rule in this market.I've done some more detailed analysis of deals and it seems like 0.8 might be appropriate here; mMy analysis works like this:Run comps for rent and determine market rentCalculate 85% of market rent and I have my "effective rent" (deduct 5% each for vacancy, management, and CapEx)Calculate PITI (principal, interest, taxes, and insurance)If effective rent > PITI; property cash flows?
Garreton Smith
5 Unit Value Add Running Numbers
11 June 2020 | 5 replies
I'll use 15% for the investor effective tax rate unless you know otherwise...
Indra H.
Refi after credit card purchase
5 May 2020 | 6 replies
Using your personal credit card is not ideal as it will negatively effect your credit score and your DTI.