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What is a realistic cap rate/CoC for off market deals?
8 June 2024 | 11 replies
When looking at this you should focus first on the ARV though you may not think on selling that will give you an understanding if you will have a return After the rehab.Then you look at the cap rate, this is important for the long time investing and It will depend on what you are looking for (Long Term return, cash flow).An last is cash on cash that will help you to get an idea on how your money is working.Dallas is a hot market for investors and these are the numbers that I am seeing:ARV: ~80% (Ideal this Number should be 70% to 75%)Cap Rate: ~5% to 6% (Ideal this Number should be over 7%)ConC: ~4% (Ideal this should be 6%)Trying to get the ideal number could take you a while.MF with 2 to 4 are completely different than 6, 8 and above.
Christina Colon
Next step with a business partner
9 June 2024 | 10 replies
Good bookkeeping will ensure that your CPA can properly advise you through your business growth.
Greg Flannery
Fixer Upper Condo Divorce Buyout
8 June 2024 | 6 replies
Same wall has an exterior defect that allows water to intrude through stucco from below due to no weep screet and soaks the base wood frame.
David Byrd
Beginner Questions - Forum Etiquette, Research, Networking.
8 June 2024 | 1 reply
You can also find real estate investing groups through meetup.com, facebook, or a Google search.
Anja Schepp
Mobile home park restrictions
7 June 2024 | 8 replies
Will the property cash flow after you move out and rent out the home?
Choon Yee Dee
General Contractors and Property Management Referral in Columbus and Cincinnati,OH.
8 June 2024 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Barb F.
Primary —> rental: overwhelmed in Virginia
7 June 2024 | 4 replies
Even though I believe this will be pass-through income, it seems like it’s a better choice for accounting and keeping income/expenses more easily separated.6.
Daniel Okeefe
credit screening tenant
8 June 2024 | 4 replies
All great, however, when we ran her background/credit check through Tenant Check LLC it came back No criminal, No eviction, No SO records but it literary shows ZERO credit.. no CC, no car payments , no nothing.