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14 September 2021 | 59 replies
We'll see what happensZillow loses money on each "flip" but their stock goes up 46% this year.https://www.fool.com/investing/2020/01/08/why-zillow-group-stock-surged-46-in-2019.aspx-----------------------------------------------------------------------------------------------https://wolfstreet.com/2019/05/10/house-flipper-zillow-lost-109k-35-per-flip-net-loss-triples-shares-soar/So, revenues of $128.5 million from selling the homes, minus $173.7 million in costs and expenses associated with these home sales, for a loss on its home flipping operations of $45.2 million.This loss of $45.2 million on 414 home flips means:Zillow lost $109,190 per flip on average.Zillow lost 37% on each flip on average.So this is a horrendous business-----------------------------------------------------------------------------------------
5 September 2018 | 15 replies
I don't even know... it's like he doesn't know the answer, but he has to because he is the broker... as far as a mentor at the agency that is virtually non existent.
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18 October 2018 | 17 replies
@Krishna Chava, one thing you mentioned that is very interesting is the incremental increase to rents of $25 - are there other operational advantages to having this technology installed like any Op Ex savings or change in vacancy rates?
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15 January 2019 | 16 replies
Remember that hotels are more operational.
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7 September 2018 | 1 reply
When you are virtual wholesaling does the attorney/title company have to be in that city or can I use my own ?
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29 December 2020 | 13 replies
Smaller facilities like this will operate just fine with an online portal and a call center.
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2 September 2018 | 4 replies
Crime statisticsFind a real estate agent that is investor friendly that will help you understand the market, and even more important, find investors that you want to emulate, and find a way to add value to their operation in return for them teaching you the ropes in your unique market.I will leave tax liens for someone who is in your local area and knows how Georgia handles things.
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17 September 2018 | 1 reply
The franchise isn't going to let you use their name without knowing there is a high quality operator in place.
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10 October 2018 | 23 replies
With the new rules the liberals put in place it's virtually impossible to get tenants out in Ontario.