❌ Stop dividing the NOI by a cap rate to find the value of a deal.
When I come across a potential deal, that's the last thing I do.
It's pointless
→ I want to evaluate how the property is performing NOW
→ Where i...
Hello,Would anyone be willing to share his or her scoring system when evaluating applications? What variables do you consider, how much weight do you put on each variable, etc.?We have a portfolio of lower-income ren...
Area:
Good neighbourhood,
Media household income $120k/yr;
Good schools: 8,8,9 score in trulia;
popilation growth 1.2% last year;
low crime rate.
Fourplex: 3408 sqft listing for $294k, ($86/sqft);
rent 990/unit, (cur...
I am considering purchasing a 2700 square foot modular colonial home that is 23 years old. Upon inspection, I noticed that the tiles in all three bathrooms and the kitchen have significant cracks. Additionally, the fl...
What research do you guys do when researching a property you are going to wholesale?
Thanks.
Say I have this example
Rental Property: $100,000
Loan Amount: $75,000
Loan Rate: 5%
Years: 30 Year Amortized
Monthly Payment amount: $402.62
LTV ratio: 75%
My money is bei...
Hi guys, We recently purchased a 32-acre land in South Carolina. Before we start the development, we have some digging to do and I was wondering if anyone knows who we should approach about finding if there is natural...
Hello my fellow landlords! Well I have a few subjects I'd like to discuss. My first is. I have a vacant unit. I'd like to include the electric bill in the rent. How do I go about doing this? The concern is I have a s...
I know a lot of what most investors see as a potential BRRR is determined by ARV and how big the rehab will be, but what I’m wondering is where do you draw the line for what might be a BRRR vs. what could be just a bu...
over the past four months I have acquired 5 rental properties. I am currently seeking the best ways to handle the water bill. what are some ways that you may or may not incorporate the water bill into the tenants rent? Â