Ben Leybovich
Value Add Case Study (2 Apartment Communities)
25 May 2020 | 19 replies
.- In-place Income $60,000/mo.Current Status- Revenue $86,000- T-12 OpEx $430,000 ($36,000/month)- Community Reno complete- 49 Interiors Complete.- 1 interior in process (pre-leased)- Remaining LTL $14,000Upon Completion- Projected Income $100,000- T-12 OpEx $36,000- Projected NOI $64,000Annual ($765,000 annually)Valuation - At 5 cap: $15.3M- At 5.5 cap: $13.9M- At 6 cap: $12.75MBy the time we've recovered the remaining units (12 months or less) and materialized the $14,000 of LTL, we will have increased the NOI from $25,460 at acquisition to over $60,000.
Aamir Shah
First deal analysis for Kansas City turnkey
14 November 2017 | 20 replies
Do you have granite and stainless/brushed nickel style?
Justin Moon
Just received a low appraisal on a cash out refinance
2 February 2015 | 15 replies
Originally posted by @Jesse T.
Ben Leybovich
Turned My License into the State
5 February 2015 | 28 replies
Slap her in shotgun seat, put the top down, unbutton your shirt about three buttons, put on that gold chain, and act the part!
Robert M.
Is 50% Rule (Guideline) still relevant in your market
12 February 2015 | 14 replies
@Elizabeth Colegrove and @Larry T.
Jon W.
Beginning a career in real estate at a young age
17 February 2015 | 19 replies
Cashflow Quadrant - same authorOne Minute Millionaire - by Mark Victor HansonSecrets of the Millionaire Mind - by T.
Michael Germinario
My Best Property Management Tip Is ...
29 August 2016 | 18 replies
I have a strong (14 page lease) and I FOLLOW it to the T even when I don't want to.
Jarrod Willis
What to do?
27 February 2015 | 6 replies
The style is unique, what would you call this style of home?
Account Closed
"NO SECTION 8" "ONE PERSON ONLY" & "BACHELOR PAD"
26 February 2015 | 14 replies
Originally posted by @Kimberly T.: You might choose to rent to 2 minors, but I wouldn't recommend it. ;)Not legal advice.What about an 18 year old male with sufficient qualifying income, but has a live-in 17 year old female friend he claims is his wife and whose legal guardian is ready and willing to co-sign for the 17 year old since the 17 year old recently got married?
Scott Trench
In Your Market, Does Real Estate Beat the Stock Market Over the Long Term?
5 March 2015 | 37 replies
Also, do those returns b/t stocks and RE include leverage on RE?