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15 April 2024 | 9 replies
I would base this on your numbers, not sellers (seller financials are one of the biggest jokes of this industry), and your return requirements.
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15 April 2024 | 4 replies
If you have trouble showing income and the property is non owner occupied, you may qualify based on DSCR
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15 April 2024 | 0 replies
(option to go to 24, but I want the initial project to begin locally.)Location- OhioMarket type- Local, within 8 miles to meBuilds- Identical 2700sf, 4 bed, 3 bath , placing the same structure that meets the tenants criteria in 9 locations.Debt: Seeking a refinancing option based on a 9% cap rateThe difference ( 450,000 x 9= 4,050,000 vs NOI of $384,261 / 9% = 4,269,576 or $474k/property + tenant)with our continued rates of appreciation and a standardized tenant/lease structure in place, this should be a win for everyone.Who has a solution?
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16 April 2024 | 11 replies
I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.
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15 April 2024 | 12 replies
We then also have a team of “coaches” that will help make sense of the numbers and provide feedback based on the data we have seen from hundreds of other successful deals before.Rehab: Another resource we provide is inspection report and rehab bid reviews with our construction coaches.
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15 April 2024 | 1 reply
2) As a partial year resident, do I just include the resident portion of taxable income in the base, rather than use the non-resident worksheet?
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15 April 2024 | 19 replies
Right now, I'm actively searching for a property to house-hack and I know I wouldn't be at this point without the Rookie Bootcamp..
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15 April 2024 | 8 replies
Some common names you'll see thrown around a lot: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend you search for each of those apps online and see what they offer, how much they charge, etc.
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11 April 2024 | 13 replies
The "A" icon is showing a single address searched.
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14 April 2024 | 4 replies
Quick searches include terms like Joint Venture and Contractual Agreement.