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So I’ve run the numbers on the airdna website for a property that caught my eye… What came back blew me away. It’s a 16% cap rate, NOI of $50,000, gross income of 96k. 87 % occupancy rate, $154 a night. If this data ...
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Every single syndication sponsor and capital raiser claims that they have conservative underwriting.Now, I am no logician or statistician, but I have to call BS on this one. Not everyone can be telling the truth.Clear...
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I have a small building (7 units) which is a behind on rent increases. Even if I raise the rents to market rent for 1 bedrooms in the area, it would still be behind because I pay for the heat. The management company s...
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2 Part question... 1st - Where would be a good resource for data for rental prices for a specific area? I can find what things are currently going for through websites like Zillow and Craigslist but I'm also curious t...
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Does anyone have lease language where you would return a portion of SD for on-time rent payments and behavior? I have a young tenant with decent credit, but no rental history and would like to offer as an incentive t...
My Local Housing Authority is not responding to my email. We called and found they are not friendly nor helpful. My first question, are the small area FMRs published on https://huduser.gov, is that just a max that can...
Hi, My husband and I decided to terminate our contract with our property manager in Flordia. The have a clause in there that states "Unless otherwise agreed by the parties in writing, following a notice of termination...
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I continue to want to do flips of my own, but finding investor friendly agents has been a bit challenging for me, and based on what I've learned over the months, I should be making triple the number of offers I've bee...
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I have been having some issues getting handymen to respond to inquiries. I was able to find a handyman that is doing some work for me currently, and told me they would charge me by the hour for the general items that...