Tyson Scheutze
Insights From IMN: SFR East PT. 2
31 May 2024 | 0 replies
A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.
Michael Leahy Thomas II
Real Estate Investing - Ohio, South Carolina, Louisiana, Florida
31 May 2024 | 14 replies
The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.
Nicolas Dupuis
Use projected rental income to help with mortgage approval.
31 May 2024 | 8 replies
No positive cash flow would be accounted for in the debt to income ratio.
Christopher Bierman-Gwinn
Help me decide please
30 May 2024 | 27 replies
I like starting in the Midwest because it's affordable and offers good cash flow.
Rebecca Zervos
Augusta, GA SFH - LTR
30 May 2024 | 0 replies
Purchase price: $135,000 Cash invested: $40,000 3/2 SFH in a quiet neighborhood.
Sarah Ali
Am I too old to get started? What is a realistic plan for me?
30 May 2024 | 63 replies
You don't need to pay off the properties to cash in the from equity.
Ryan Kahle
New Construction - Duplex in Findlay, Ohio and Greater Columbus Area
28 May 2024 | 5 replies
Each unit comes equipped with 3 bed, 2 bath, attached 2 car garage, quartz countertops, advanced soundproofing, 2x6 exterior construction, premium vinyl siding / Provia stone masonry, 5/8" drywall, separate concrete driveways, LVP Durato flooring, and a fenced-in backyard for pets / family.
Tyler Wilcox
Duplex convert to Triplex/ Owner financing
30 May 2024 | 2 replies
Purchase price: $170,000 Cash invested: $32,000 I bought this as a duplex that used to be a triplex.
Jeff Bateman
New Real Estate Agent and Property Manager
30 May 2024 | 2 replies
📚 Areas of Interest:Property Management: I’m fascinated by the art of keeping tenants happy, properties well-maintained, and cash flow steady.Investment Strategies: Let’s talk about flips, buy-and-hold, and creative financing.Community: I’m passionate about building a supportive real estate community.