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...
Hello BiggerPockets community,My name is Anthony Paladino and I am a commercial real estate professional joining the BP community. A bit about myself:I grew up in Buffalo, NY and attended college at Loyola University ...
Hello BP community. Just closed our first rehab deal 13 days ago. We got a few bids and decided to use contractor referred to us by wholesaler who also does several flips in the same area. Prior to closing on proper...
Hey everyone!It seems that no one has posted this sort of question in at least over a month, so I figured maybe this would be interesting for folks watching this forum.I guess basic info in case others are wondering, ...
Do you all as buy/fix/flippers consider a 35% return on spent money (purchase price and repairs) as solid? What is everyone's target? I know many appreciate a simple 10% immediate return. Thoughts?
Question.I've started to purchase buy and hold properties off the MLS, targeting a COC return of about 12% and I was curious to see what others are expecting on their buy and hold investments? Is that ROI low, high, ...
Hi all!Hope everyone is having a wonderful week. My question is two-fold, does anyone have any creative strategies that I am overlooking in searching for a multi-family property? I am based in Raleigh, North Carolina...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $310,000
Cash invested: $28,950
Sale price: $416,000
Contributors:
Peter Vekselman
Partner Driv...
Hello fellow investors,I found several properties with all sorts of issues: blighted, tall grass, boarded up, structural issues etc and stuck on the next step. I am on my county's Tax Assessors site, looking up each a...
Hi all - I'm a newbie to both investing and BP and have found a ton of great info here so far! I am working on the "Objectives" section of my business plan and would like some thoughts. Here is what I have: "...main...