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9 September 2021 | 1 reply
Hello Everyone, I recently heard a credit score improvement company featured on the Bigger Pockets Podcast.
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7 September 2021 | 3 replies
For example how to calculate the NOI, GSI and Cap Rate of a deal and do this continuously until it is basically second nature.
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9 September 2021 | 19 replies
See the diagram below.The minimum information a property profile contains is the following:Type: Condo, high rise, single-family, multi-family, etc.Price Range - You must be able to profitability rent the property within the target tenant pool's rent range.Location - Where the target tenant pool wants to live.Configuration: For example, 2,000SF, two bedrooms, three-car garage, large back yard, single-story, two stories, etc.Wants - Tenant pool specific property features.
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7 September 2021 | 0 replies
In order to be eligible for this tax credit, your properties must incorporate features that are energy-efficient and the property should be more energy efficient than the national energy standards.
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8 September 2021 | 9 replies
Is this search feature a Dinosaur or am I?
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4 October 2021 | 6 replies
Look into local governmental policies, for instance, laws that may regulate/cap rent, property tax increases, different zoning laws that may hurt or help your strategy in the long run.
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5 October 2021 | 3 replies
I had not intended on purchasing an off market property so im learning this process as I go, currently awaiting seller P&S from attorney.Asking Price $169,999Purchase Price $160KSeller to pay $7500 towards closing2 units 3,050 sq ft 12 bed 3 bath $2400/mo incomeMonthly Income: Monthly Expenses: Monthly Cash Flow: Pro Forma Cap Rate:$2,350.00 $1,728.77 $621.23 8.84%NOI Total Cash Needed Cash on Cash ROI Purchase Cap Rate$14,147.64 $44,900.00 16.60% 8.84%Some of these number have changed for the better since I ran the calculator, like the seller paying $7500 towards closing and my numbers are ran with me paying closing.
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11 September 2021 | 2 replies
I'm not necessarily chasing the highest CAP rate.
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12 September 2021 | 6 replies
Take a look at airbnb and vrbo and get a feel for what each market is doing and what features yield higher prices.Some things to :1. lakefront/lake nearby2.