30 May 2024 | 1 reply
I'm not personally associated but know the folks and highly recommend them.
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29 May 2024 | 30 replies
.: •Curbio develops a strong reputation for quality and efficiency•Homeowners are attracted to Curbio’s ability to get things done efficiently, reliably and cost-effectively (no nightmare renos that go on forever)•Curbio continues to enlist realtors as strategic sales partners, by devising a referral commission program for them, to mitigate channel conflict•Curbio maintains sufficient decision-making control (e.g. project types; material & appliance options)•Homeowners are given sufficient preference choices within strict guidelines (e.g. color palettes; good-better-best options materials)But I suspect one of these two growth scenarios for Curbio might happen beforehand:•Expand current offerings to owners of rental properties•License technical infrastructure and processes to qualified contractors
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30 May 2024 | 5 replies
Me personally, I'm hanging on to this and refinancing when the rates come down at some point.
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28 May 2024 | 2 replies
So an 8% IRR might have a negative cash flow of -3% in year 1, and it might take half a decade of NOI growth before the cash flow is even break even.
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28 May 2024 | 6 replies
.- 3% rent growth and 3% HPA is being modeled in most markets.- Most current rates are in the 7-7.75% range.- Competitive pressure to deploy capital compressing dropping of rates. - Buyers are underwriting portfolios to as-is rents.- Machine learning models are helping to reduce risks.- Reverse migration to Rust Belt is occurring based on affordability issues elsewhere.- Scatter site is a defensive asset offering a lot of optionality.- Market conditions are challenging for scatter site hold unless you are underwriting a 10-year hold.- Setting up operations for SFR from scratch is very difficult.- One investor is buying at cap rates in 5s or 6s.
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31 May 2024 | 7 replies
RE Mortgage banker etc.2. criminal and credit back ground checks with redacted personal info IE SSI. but you want them to know your not an ex felon or did not pay your child support etc.3.
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30 May 2024 | 2 replies
I also love it here.It will cost $100,000 and we will finance half with a personal loan @ 7% for 3 years.So im putting 50,000 in cash and I expect to earn about $2,000/month.
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30 May 2024 | 7 replies
Also, any tips on how to expedite the process would be much appreciated (i.e. getting signatures for notification from neighbors in person vs. sending certified mail, etc)Thanks in advance!
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30 May 2024 | 9 replies
There is also space to park 4 cars.I will be back in the area early May, so if this sounds remotely appealing, we can chat further on a call or meet in person when I am there.
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30 May 2024 | 1 reply
Should I meet them in person at the new builds ?