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2 June 2015 | 0 replies
We already contact owners to find great off market deals, but I wanted to see if anyone had advice on how to be most effective and what process to follow?
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2 June 2015 | 2 replies
A look at cap rate and gross rent multiplier to see which is the better way to estimate rental property value and measure financial performance...Financial Leverage Financial leverage explained and how it can impact a real estate investor's returns and profitability...How Financial Leverage Impacts Real Estate Investors The impact positive leverage, neutral leverage and negative leverage have on the yield a real estate investor collects as a result of financial leverage...IRR, MIRR and FMRR The formulations for internal rate of return, modified internal rate of return, and financial management rate of return...Scenario Analysis The scenario analysis is explained so you know how to use it to benefit your next investment real estate evaluation...Sensitivity Analysis Changing one variable at a time over a possible range of outcomes in order to evaluate the effect of that change...ReportsThe Comparative Market Analysis How to correctly create a comparative market analysis that you can use to effectively estimate rental property value...The Proforma Income Statement Learn the what, why, and how about the proforma income statement and it's popularity with real estate investors...Why Real Estate Investors Like The APOD Discover why the APOD is used by real estate investors to examine the annual property operating data of potential real estate investment properties... or watch the video.General4 Contingencies Your Offer to Purchase Rental Property Should Include Contingency clauses common to commercial and residential income property that protect investors who submit an offer to purchase investment real estate...Are You Profiting from Your Property's Highest and Best Use?
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3 June 2015 | 7 replies
The questions I have are....What methods of lead generation has been the most effective for you in Cleveland?
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2 June 2015 | 1 reply
What clicks go where, etc.I need someone with a marketing/writing background that can translate my notes into effective content and prepare a great presentation for me to give at local REIAs.
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9 June 2015 | 0 replies
Is this an effective way to build wealth in Real Estate?
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12 June 2015 | 6 replies
Thanks for the clarification @Cornelius Charlesthat makes sense..I guess I'm trying to figure out how someone like me, not established etc could market effectively...before I ever thought about getting into REI I'd gotten direct mailings and seen signs around town and I always wondered who would call those numbers because they seemed shady to me...I wonder what you or @Jim Kelleror anybody else have done that was successful...I've heard of some people literally knocking on doors but somehow I can't imagine doing that...am I going to have to change my perspective??
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15 June 2015 | 11 replies
Tenants who communicate understand their obligations; those that have to be chased, or tell a story when they're already behind, are playing you.
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23 June 2015 | 10 replies
I am able to pay the mortgage with the rent and it's a wonderful blessing to be effectively mortgage free at 24 :)
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16 June 2015 | 17 replies
Obviously, if they aren't paying or aren't responding to communication from you, by all means, I'd start the process of getting rid of them.
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28 June 2015 | 9 replies
It's been busy, but very rewarding, and it all started with a greeting and opening those lines of communication.