Andre Galaviz
Beginner's guide to REI, STR, and MTR
26 December 2024 | 6 replies
Quote from @Tatum Littleton: Take a look at this BP beginners guide.
Cliff Benner
Tips on finding Existing Outdoor Hospitality Properties for Sale
23 December 2024 | 4 replies
But I am wondering if there is any good Keywords for Zillow, or any websites where something like this may stand out more or any tips someone may have for finding these type of properties in CO.Thanks!
Nicholas Stout
Any Tips?
26 December 2024 | 10 replies
I repeat this often in this forum; Understand how to screen, understand the community you are serving, understand the culture and treat your tenants with respect.
Ashley Wilson
2025 Goal Setting Tips for Success
22 December 2024 | 0 replies
In the spirit of Goal Setting, here are my top 5 Tips for ensuring you set goals with the highest probability of success. 1.
Blake McWilliams
Tips and Tricks
26 December 2024 | 0 replies
I ran every scenario of tackling this purchase myself.
Brendan Connolly
Looking for tips for slow season
19 December 2024 | 13 replies
Discuss and emphasize that with all interested parties.
Justin Jefferson
Can someone guide me through the first step of analysis
22 December 2024 | 8 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Garrett Brown
This ONE Change Can Boost Your Airbnb Ranking
26 December 2024 | 15 replies
Airbnb operates as an interest-based algorithm, rewarding listings that grab attention and keep potential guests clicking.
Salome D.
Multifamily Passive Investing
24 December 2024 | 23 replies
Search them online and check out their websites.Meetups.