Marcos A Miranda
Analyzing Rental Property Deals SFH
9 May 2024 | 4 replies
If I apply the 1% rule, the current rental value is below by about $500, however, cap rate is calculated at 6% and CoC at 3%.
Diana Tran
Seller Has Counteroffer, How Should We Negotiate?
9 May 2024 | 8 replies
Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.
Thomas McNally
Time to dive into full-time REI
10 May 2024 | 12 replies
Factors such as higher interest rates, taxes, and insurance can significantly impact potential returns for investors.Remember, success in real estate investment often hinges on buying properties at the right price rather than selling them.
Philip Coiro
Best Practices for Hiring Cold Caller and Acquisition Manager
10 May 2024 | 18 replies
If you don't have a lot of experience cold calling or managing a team, I would recommend using one of the companies that already have a training program, they will hire and manage the VA's for you for a small per hour fee, well worth it.
Baron Wheeler
New investor from Colorado Springs area
9 May 2024 | 9 replies
At the rate that homes are appreciating it seems waiting to invest while we save is going up much faster than the rate we are able to save.Future goals are the equivalent of $80-$90k per year to live off of.
Sung H Kim
One large Multi Family vs Many small units
9 May 2024 | 6 replies
Think of environmental swift change, tornado, flooding, fire, fixed rental rate verses varied rental rates.
Chris Lamm
Marketing Material or Systems for Owner Finance or Subto Opportunities
9 May 2024 | 3 replies
The two main motivations buyer’s opt for a sub to purchase is (1) little capital investment (2) lower interest rate than currently available.I’ve worked numerous sub to deals from all sides - but mostly on commercial property.
Scott J.
When should I get an attorney for a tax sale(Maryland)?
9 May 2024 | 5 replies
You could then sign a retainer with said attorney who handles the rest of the process (title searches, filing fees, etc.).
Monica C.
Real life syndication feedback? From investors and syndicators
7 May 2024 | 21 replies
While you do pay a fund management fee the diversification provided by the fund more than offsets the minimal cost.
Victoria Redlin
Security deposits, pros/cons, on using Obligo as a security deposit alternative?
9 May 2024 | 2 replies
Tenant pays a monthly fee for this service in lieau of a traditional security deposit.EXAMPLE: you require a $3,000 security deposit.