Richard Young
Invest now or wait and see?
1 May 2020 | 3 replies
There's also a lot of factors a play related to personal finance that only you know, ie risk tolerance, investment allocation, etc.
David Chappell
Financing Strategy for a newbie!
4 May 2020 | 5 replies
You can play with the split based on your deal.
Tim Sipowicz
BRRRR method and a first time Investor
16 May 2020 | 65 replies
When it comes to financing, i think I’m just going to go conventional and “Play it safe” for my first property.
Bradey Peavy
INVESTING IN MONTGOMERY
5 May 2020 | 2 replies
A lot of uncertainty has resulted in people sitting on the sidelines until things play out further.
Kevin Smith
1099 employee thinking of starting and using S Corp to buy house
2 May 2020 | 6 replies
No need to over-complicate it.Stop playing an investor or a businessman.
Joseph Breamer
Our First Out of State BRRRR! Details + Pictures!
20 July 2020 | 21 replies
We passed on a property right before this from the same wholesaler and thought we blew our shot at getting a deal since the market was so hot, but sticking to our numbers played out well for us!
Duke Giordano
Syndication Changes During COVID
8 May 2020 | 17 replies
Not sure how this would be able to be evaluated except the section of a PPM that looks at hypothetical investment.Rent Increase Assumption: this will be effected when putting off value add plays, maybe look at 0-1% now as opposed to 2-3%.Renovation per unit: was looking at 3-8 K per unit, maybe now looking at more like 3-5K per unit.Break Even Occupancy: was looking at 65-70%, now prefer to see closer to 50-60%Reversion Cap Rate: Previous was looking at 0.5-1.0 over initial, now looking more at 1.0-1.5xLoan to Value: Prior Criteria was <65-75%; now lloking more for 60-65%.
Vincent Plant
Gave tenant rent discount for Covid relief, still no rent.
2 May 2020 | 6 replies
I have a fairly long term tenant playing this same game and my hunch is that when push comes to shove they will get caught up.
Katelin Eberhard
No lease and won't fill out application
3 May 2020 | 9 replies
Then she'll have to play by the rules and if she doesn't you can evict.
Shreya Modi
Is CoC different then ROI? Or is it the same?
2 May 2020 | 10 replies
pick a coc that works for you, I shot for the highest I can, but i am playing the long game.