27 April 2021 | 19 replies
Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.
24 December 2019 | 2 replies
., bedrooms, etc. in close proximity to determine the base value, then adjust from there according to the quality of the interior compared to your comps.
23 December 2019 | 21 replies
A majority of the cities and towns around here don't have "good school districts to choose from" they have 1 or 2 schools in the whole county people don't pick where they live on schools as much as proximity to their jobs.average rent is around $750, lowest is 2bed 1 bath duplex that's $625 a side...
20 December 2019 | 3 replies
There are also a lot of online courses that you can explore if you don't have time to physically sit in class.
23 December 2019 | 12 replies
You are also assuming the asset will achieve 100% economic occupancy (loss to lease, bad debt, vacancy) all of the time, which is never the case even will full physical occupancy.
6 May 2020 | 12 replies
Class A-D Properties - According to this classification system, properties are graded according to a combination of geographical and physical characteristics.These letter grades are assigned to properties after considering a combination of factors such as the age of the property, location of the property, tenant income levels, growth prospects, appreciation, amenities, and rental income.Class AClass A properties tend to be new construction or built within the last 5 to 10 years, with top of the line amenities and professional management.
22 April 2021 | 9 replies
That report showed Kansas City’s prices shot up 6.5% between the third quarter of 2018 and the third quarter of 2019 — ranking 20th among the nation’s top 100 metro areas for home price inflation then.Northeast Johnson County, with its smaller, older homes and proximity to Kansas City, remains an especially hot market, said Mike Gallagher, an agent with Keller Williams who helped Hadley find her home.In one ZIP code covering parts of Prairie Village and Mission Hills, median prices rose more than 20% between fall 2018 and fall 2019.
28 December 2019 | 1 reply
You’re still responsible for physical tank.
29 December 2019 | 24 replies
And I have to get healthy mentally, physically & financially.
16 January 2020 | 3 replies
I’m going to focus on choosing a CPA and I’d recommend you getting on the phone or a cup of joe with them NOW, since there are some things you may need to do in the physical year to be effective.In general, you’ll want a CPA who understands real estate investing (it’s a plus if they are themselves an investor) because you’ll have access to some specific tax advantages through investing that you want your CPA to know how to leverage with you.Further, I prefer a CPA who has more of a consultative/advisory approach that someone who relies on me to know what to do . . . .This will take time and experience to find, so I’d solicit recommendations from your local REIA group or facebook group of investors and try out the highly recommended CPAs from the investment community.