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2 June 2024 | 2 replies
Additionally, once your tenants move into the rental, you will ask them to sign up for their own electricity plan.
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31 May 2024 | 27 replies
You should have at LEAST 3 months of expenses in reserves.
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5 June 2024 | 28 replies
My cash is tied up atm but I'm looking to make some connections and start learning and planning now.
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31 May 2024 | 3 replies
Deal info (property info, financials, why and what plan is)3.
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1 June 2024 | 7 replies
This could be a huge expense if I run into roof damage but it doesn't appear I can take it off (it comes with a $22 savings which I'd happily remove to have replacement cost).
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6 June 2024 | 71 replies
Spend the money on flight and hotel when you acquire the property to thoroughly inspect the property and put together a detailed improvement plan.
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2 June 2024 | 0 replies
I plan to convert it into student rentals.
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31 May 2024 | 0 replies
A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.
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3 June 2024 | 20 replies
Jason we just did a project where I brought the land, capital partner and I negotiated. they build all cash for a 720 square foot plan we build that sells at a premium here.
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31 May 2024 | 8 replies
If you can find one it's pretty expensive.