Isiah Ferguson
my plan moving forward...
8 April 2017 | 0 replies
NO EXPECTIONS’ 123 Lauren St estimated ARV is 100k based on comparables’ 75% of a 100k is 75K 75k - estimated Repairs = Purchase price 75k – 30k = 45k Purchase price with NO EXPECTION Purchasing a potential property at 75% ARV of 100k – repairs allows the property to have forced appreciation at 25K.
Aksel A.
Investing in Boston during a sellers' market
13 February 2018 | 20 replies
The authorities are using the Peabody floods a few years ago as an excuse to hit the residents, and the FHA program will force that onto you.We have a great chorus for this: "It's the cost of doing business".
Andrew R.
MOVING! Help me choose my next location.
17 August 2017 | 16 replies
We need at least a 2br for ourselves and are looking for some forced appreciation in a B- to A+ community.
Edouard Pierre
To Do or Not To Do - HVAC Converson on 7-Unit Building in Chicago
22 January 2017 | 11 replies
Most of the investors that I know who have purchased multi-unit buildings convert the units into forced air (furance) where each apartment has its own furnace, hot water tank, and central air unit.
Jonas Ball
APS "Adult Protective Services" took one of our tenants...
31 January 2017 | 2 replies
The you may be forced to file eviction action if the rent is not paid and would like to avoid this if possible, Also have manager contact her emergency contact "the son maybe" and inform him of the status of the mom.
Kristopher Gomez
multi family investing in georgia
25 March 2021 | 11 replies
That said, I'm relatively lazy and have zero appetite for C- or Warzone areas.
Account Closed
Suggestions to help me reach my financial goals?
25 October 2017 | 5 replies
2) Is my 'forced appreciation' strategy correct?
Brad E.
Verifying income for applicants moving from another area
21 November 2017 | 2 replies
There is no reason to compromise your standards to force applicants to qualify.
Denver Gray
What topics do you think people tend to struggle with the most?
16 December 2017 | 15 replies
So i have sorta brainstormed a few topics what do you guys think i should take away or add... sorta just going to do a data dumpI have labeled topics 1-3 1= basic 2=intermediate 3= advanced1-3 Property Management Absentee ownersShort term investors and the opportunities the miss and the opportunities they make for others1-3 Contractor's (bids)1 Bootstrapping1 The myth of real estate passive income1 My secret to massive upside Long horizon, value add mentality, “72” Bootstrapping, force down NOI via capex, property efficiency and systems1 Value Investor Mindset2-3 Managing tax liability1 Service and Hospitality (or business partners with commercial tenants)1 Small improvements can lead to massive swings in NOI1 Lower rent and lower vacancies are more important than the ego boost from high rent with medium vacancy1 Strategy… why I prefer multifamily and other strategies2 Cape rate and property class2 NOI income and expense1-3 Add Value properties and mindset1 money is made when you buy… or lost1-2 Buying your first deal series (couple episodes)1 DRY POWDER (cash)1 “72” (compounding interest basics)1-2 Money is everywhere Mentality/ mindset episodes1-2 Financial literacy/ intelligence (mini series)1 Stop asking permission1 Positivity (mindset)1-2 CASHFLOW is KING!!!!!!
Jimmie Feaster
Buy home with boiler or not? Does anyone have experience? First
10 December 2017 | 4 replies
Typical HVAC systems force air to move through the house, but that also means that dust, pollen and other issues that can cause concern move as well.