This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
We utilize a few hard money lenders for acquisition (8-14%,1-3 pts), plus we have some private investors who finance most of our equity position (10%,0pt). We've subsequently closed portfolio loans with B2R, Firstkey,...
Hi Fellow investors,We are exploring areas to invest in Austin Texas for appreciation. We are new out of state investors.Which areas you have cash flow break even? Which areas you will expect hyper appreciation and wh...
Fellow BPers,I recently updated my rental unit and placed it on the rental market January 6th. It is posted on the majority of the larger online rental sites, Zillow, Hotpads, Trulia, Cozy,etc, as well as a "For Rent"...
I'm about to sign a contract on a property I'm purchasing through a commissioner's sale in Alamance County and for which I'll receive a commissioner's deed rather than a general warranty deed. In such sales, is the bu...
I have started a direct mail campaign and I am wondering how long do I need to stay with a list, I am trying to find buyers with high equity and it is in better neighborhoods I have had more than avg calls but the one...
Move, NAR sue Zillow and Errol Samuelson
According to court documents filed in the State of Washington, a lawsuit has been filed by the National Association of Realtors (NAR) and Move, Inc. (operator of realt...
Hello All,
This is my first post! First off, I'm very excited to be joining the biggerpockets community. I've been on the boards for only a week scouring various threads and have learned an immense amount. Thanks to ...
I am looking at house-hacking and living in one of the units with my girlfriend but she wants to be able to have some sort of paperwork showing that she lives there but not as a separate tenant. Also if something is t...
Hello,Working with some partners to decrease vacancy rate of 160 residential units in a large Ohio town near Columbus. Currently have about 9 empties, we will get them rented eventually but recognize the large amount ...