Ernie Sturzinger
Would you share a budget spreadsheet for Investment Property?
5 December 2021 | 2 replies
You can create this form in Excel for the present year and future years.
Darin Curtis Stambaugh II
STR Newbie Finding Partners
5 December 2021 | 2 replies
Having little experience under my belts, I don't know how to present myself in a way that makes it wise for the other person to work with me.
Wilson Hunter
Number of photos & Airbnb algorithm
30 October 2022 | 14 replies
Those who set it and forget it can find their listings falling down in their presentation order, whereas the active listings with activity on the app, great photos, nice descriptions and a full “ticked box” set of amenities rise to the top.
Jake Rodriguez
San Diego Meet ups?
28 November 2022 | 8 replies
My team leader Kenny Simpson at The Simpson Team and his wife Krystle with Pacific Shore Capital have presented there as well pertaining to purchasing investment properties and how they finance their properties.
Gabrielle Quarles
How to make a good offer to the seller?
3 November 2022 | 16 replies
I know my numbers, I know what is a good deal or not.The WHOLESALER determines the offer, NOT the buyer.I see some of you don't understand the job of a wholesaler.A wholesaler is not some sleazeball that does minimal work and then collects an (undeserved) fee.The wholesaer (a good one):1) Finds the seller2) Does his/her due diligance3) Takes note of all the things wrong with the house4) Forms a solid Cost Of Repairs, ARV, and As-Is value of the house5) Negotiates with the seller to put it under contract for a price that works by the NUMBERS, not the end buyer.6) Presents the contract and explains the contracts7) Makes sure the seller knows it all, what they can expect, how it works, what the risks are, what the time line is, etc.8) Finds a cash buyer for the contract9) Presents the cash buyer with the property report where all the pertinent information is lists for the buyer10) Makes absolutely clear that it is the buyer's responsibility to verify the numbers.11) Works as the communication middleperson between buyer and seller12) Makes sure the buyer follows throuhj with their responsibilities as well as the seller's responsibilities13) Keeps constant communication with the seller till closing.So I think I see where you guys are coming from when saying "it is the buyer that makes the offer".. as in the buyer will ultimately need to be fine with the offer... and yes, the end buyer needs to make a profit sure...
Jason Baik
30 Days of Free Multifamily Underwriting Tips
29 November 2022 | 21 replies
A professional deal presentation helps elevate your underwriting findings.The original slide is basic - there’s nothing particularly wrong with it but if you have too many of these slides, your story seems stale.
Keith Miller
Notes from latest Missoula Real Estate Meetup
25 August 2022 | 0 replies
Austin Richardson’s Presentation Notes (Notes taken by Keith Miller, any mistakes, errors, or omissions are my fault)Costs for construction are coming back down.In larger markets, especially with larger construction firms, costs have dropped by 15% for projects in the next six months.
Kathleen McDowell
What are the Pros/Cons of installing Elec Car Charger in an STR?
26 July 2022 | 59 replies
Whether that's a chicken and egg situations I have no idea, but given past experiences with $600/mo electric bills the first year of operating one property I'm steering clear of anything in the short term that's increasing electrical rates, particularly since I'm not offering free gasoline presently either. :-)
Pat Saperstein
Medium term rentals - Airbnb or FF? Landlord protections?
13 September 2022 | 6 replies
For us, at present and because of how evictions are not as landlord-friendly as we'd like in NJ, we're willing to pay the airbnb platform fees in exchange for what we think they can do for us if there is ever a dispute.
Norman Fitzgerald
New to the business Wholesaling houses
4 July 2022 | 5 replies
PLEASE keep this in mind ALL you newbies out there... not because you get a system and the videos are quality, and there are 40000 hours of course material, and all the explanations are so clearly presented and bla bla bla, does it mean that WHAT THEY ARE TEACHING YOU IS CORRECT.In order for any mentor, or course to be good... several things need to come to play.The teaching procedure needs to be effective, sure, but if they teach you a strategy how to get motivated seller leads that doesn't work, it doesn't matter how effectively they teach how to drive for dollars, when driving for dollars don't get you reliable leads right?