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6 July 2024 | 7 replies
Deal #1 Purchased in 2022: Single Family home in Gary Indiana 46408Purchase Price: 80kCurrent Rent: 1000Property Management (Vilgar Property): 10% monthly rentTaxes: 1940 /yr | 162 /monthInsurance: 840 /yr | 70 /monthCap Ex: 30% rough projectionsSection 8 long term tenants not many issues.
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4 July 2024 | 1 reply
Hi Isibhakhomen, it's going to be hard to find an cash flowing LTR in the area you're looking unless you find a creative financing opportunity or take over someone's mortgage.
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6 July 2024 | 11 replies
So you will have to consider all these things and their costs, along with any other renovations you will need to make for your potential property, and the prices that go with those as well.
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6 July 2024 | 1 reply
Philly is a great option for row homes, but the out values aren't there for a flip right now.South Jersey may have some decent prices, but not a ton of demand on the flip unless it's in-line with what's around it, but better.
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3 July 2024 | 1 reply
I’ve got a lot if interest at $1100 and have prescreened them all.I feel like I’m missing an opportunity to get higher rents but I already offered it at $1100.
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1 July 2024 | 7 replies
Where are we heading with Austin pricing?
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7 July 2024 | 11 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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5 July 2024 | 0 replies
Purchase price: $2,400,000 Sale price: $3,800,000 48 unit asset in a tertiary market. great upside in bringing rents to marketwe sold the asset after taking rents from 700 to 1000$ per door.our investors recieved year 5 returns in year 3 What made you interested in investing in this type of deal?
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6 July 2024 | 1 reply
Many are finding Airbnb to be a better option for long-term stays, and they can negotiate a better price then what hosts get off Furnished Finders.
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5 July 2024 | 0 replies
Purchase price: $9,800,000 Sale price: $16,500,000 built in 2001 this is a great asset. well maintained and nestled in a nice green corner in the path of progress in the inner city loop.great value add. renovating interiors and raising rents over 125$ What made you interested in investing in this type of deal?