Jimmy Rojas
Those of you who use the mail system to find good deals
Hey guys, I noticed a lot of people here prefer to use the mail system to get good deals, can someone explain this process, how do you find the people you are sending the mail too?
Jil Tin
SF Bay Area Rent Control in ballet, Nov Election
Today morning, I was listening to NPR newshttps://ww2.kqed.org/forum/2016/09/23/silicon-vall...In Mountain View, where nearly 60% of residents are renters, the average monthly rent jumped more than 50% from 2011 to 20...
James W.
Effective Rate of return.
Hi everyone -I see Net Lease property listings on the internet.The bigger brand name tenants have Cap Rate of ~5%.If I finance this property at 4% mortgage interest - is it correct to say that the net return is about ...
Arnie Guida
Cleaning Gutters Requires A Bid?
My days of cleaning gutters on a two story building are long behind me. So I call around to have it done. A guy comes out, looks it over, paces off the building and says, "I'll send you a bid."I'm serious.Jesus...
Jarrod B.
Fannie Mae Intoduces Innovative Solutions
It looks like Fannie Mae is taking measures to qualify millenials with boatloads of toxic debt. These measures will qualify millions of indebt youngsters for mortgages, which doesn't seem like a good idea, but it cer...
Dan Fox
What is your ideal target Cap Rate?
Anyone seeing over 8% cap rates out there for multi-plex investing? What is your ideal target cap rate to invest in?I am in the process of selling some of my SFR and Condo flip / holds that provided a good return on t...
Kell Caro
Oakland discusses change Rent Control Laws for small multifamily
While chatting with a friend today they brought my attention to discussions currently happening in the Oakland City Council that would be of interest to all of us with small multi-family properties in Oakland. Oaklan...
Danny Ondik
Order of Operation for (almost) gut rehab
Hello All,I would like to avoid paying for a general contractor and coordinate everything myself. 1) Is there at general order of operation I should go through to get the (almost) gut rehab done? 2) Are there rookie m...
Ron Averill
Turnaround time on countertops
During the past year my team has developed a really good process for rehabs. EXCEPT that it takes 4-6 weeks minimum to get our countertops measured, manufactured and installed. This is the case for laminate, granite a...
Christopher Collins
Bridgeport Target Returns? by Gross Rent Multiple
What do investors in Bridgeport target for first year gross rent multiple (GRM)? I am used to a gross rent multiple target of around 8.6 for places in Stamford but in Bridgeport that seems to be very easy to get. Base...