I have been analyzing a lot of potential rental properties in my area (Pheonix Metropolitan primarily Queen Creek, Gilbert, and Mesa) recently. Most of the properties won't even break even unless the seller drops thei...
Hey BP my wife and I made our 1st offer on a small MFP. The seller was asking for 200K with no upgrades, but after doing our due diligence and reviewing our CMA report the property was listed above market value. We of...
I'm actively searching to purchase a 10+ unit residential property. I'm struggling to determine what acceptable CAP rates (CAP Rate= NOI/Purchase Price) are for particular areas. I realize that CAP rates vary con...
Hello all!
New to this. As I am searching online, I have some questions about school ratings. If school ratings are 4/10 (example), how to weight it against 8/10? Is 4 unacceptable while 8 is really great? Said di...
Hi all,we are Gianluca and Matteo, both Software Engineers working for major Silicon Valley software companies and aspiring real estate entrepreneurs.We’re currently working on a corporate housing platform with the ob...
This is what I want to know when presenting an offer to a seller should offer 40%-70% of the ASKING PRICE or VALUE PRICE (Homes worth) ?
And what would be a good percentage to start off at?
Thank you all again who r...
I got an booking inquiry from someone who wanted to bring two large labs and a small dog into my two bedroom vacation rental. I only allow one small dog. I responded within 1 hour that if they made $150 additional dep...
6%? 8%? 10 minimum? What are your thoughts?
IF YOU DON'T WANT TO READ WHAT TURNED OUT TO BE A PRETTY LONG POST, SKIP RIGHT TO THE BOTTOM FOR THE SUPER SHORT VERSION!My name is Daniel Taylor. I'm 28 and balance a freelance writing career with a 30 hr/week job as...