Joel Benscoter
2% method flaws and observations
26 May 2016 | 7 replies
I have also always felt about it that an x% rule can not be used the compare low end properties with high end properties.
Matthew McAlarney
Out of state investing in Kansas City
3 May 2017 | 7 replies
I am amazed at how fast properties are moving compared to my other areas.
Robert P.
Which tenants would you choose?
31 May 2016 | 14 replies
We have amazing 1st floor tenants and I think we are comparing everyone to them which is sort of hurting our judgment on people.Tenant A:Young couple (mid 20's) with a child who is about 9 months oldMake over 3x rent requirement and have 600+ credit scorehave been living on their own with rent less than what mine isonly guy works, girlfriend does notThey want to move in for July 1st (because they want to give their current landlord 30 days notice, plus need to have time to get money to move in - first, last, security)No major red flags here, pretty basic coupleTenant B:18 year old fisherman and his 17 year old girlfriend/fianceHave been living on their own, paying $200 more a month for rent (looking to downsize)He makes anywhere from 2-5k each trip out, which would be more than enough to cover rent, she works at Taco bell, but really she doesn't even need to work in order for them to meet income requirementsvery enthusiastic about moving and will literally move in tomorrow if they could.
Thi Huyhn
Has Anyone Invested in SFR?
8 June 2016 | 14 replies
Nothing loaded Lane Kawaoka We are gathering information and doing some more research to compare the investment motivation of more informed investor the less informed to make an initial investment.
Federico Gutierrez
Central AC upgrade and increase rent?
31 May 2016 | 8 replies
I always install it when I buy a new unit, so I can't say what kind of increase is warranted, but I will say that I estimate my houses would rent for $100-150 less per month if they did not have CHA (comparing them to the market where CHA is not installed).
Mark Hower
STRP with cash flow of about 17k/year - worth it?
7 June 2016 | 12 replies
Is there a better metric besides those two to compare two properties apples to apples?
Brandon Donahue
New to the business in Colorado
3 June 2016 | 17 replies
For you, the buyer, the cap rate allows you to compare investments to each other.
Account Closed
Finding Average Rent Prices & Vacancy Rate Near Potential Investment
15 August 2015 | 9 replies
Hi Vadim, If you have a real estate agent on your team, they can search the area near you for closed leases on properties comparable to yours, in age/condition/square footage.
Lannie Norris
Local Michigan Wholesaler-Having difficulty finding high and low comps for my property
23 July 2015 | 7 replies
I will run a comparable market analysis for you.
Nicolas Franckenfeld
For rent-to own mobiles: Keep title in park's name or buyers' names?
2 August 2015 | 13 replies
He was a principal in the creation of the SAFE Act while at HUD, and in many manufactured home related issues at the CFPB until his retirement.Regulatory law is both complex and complicated when compared to other forms of law because in order to understand how it will play out, you first have to understand what the original intent of the law was when passed, rather than just what exists in writing.