I ran a NPV and IRR caluclation of Fundrise's expected returns for my $1,200 (assuming $100/ month contribution) over a 5 year horizon. The NPV was negative $1,898 and the IRR was 1.02%. A negative NPV means BAD DEAL....
Obviously, craigslist, signs and newspaper ads can bring in your average renter.
Have any of you found rental sites such as Rent.com or Apartment.com any use in bringing in a higher rent? I have regularly checked re...
I am in the process of researching the feasibility of investing in a property management franchise. The territory I am looking at is primarily an affluent area in the North Atlanta suburbs.Is this a smart move to sec...
Hi Everyone,I've been doing my research and cannot find a solid answer to this question, and maybe that's because it does not exist. I work with a small short term property management company that is struggling with a...
Hi, I currently have my first property listed for rent. I've had a couple of prospective tenants that would like to apply and I have a couple questions. Do all adults need to be on the application if I want to run the...
Three years ago we bought a dilapidated 130 year old farmhouse that will be completely paid off in a few months. The location is great - there are only six other houses on the semi-rural street that range in price fro...
Dear Admins, Forgive me if this has been asked & answered previously. Might you consider bifurcating this forum into distinct forums, one for Tax Liens and the other for Mortgage Notes? It seems to me that thes...
Hey everyone. I am reading through the "Real Estate by the Numbers" book now, and am still in the beginning where it discusses personal financial statements.For the past two decades I have been using financial aggrega...
Last month I targeted out of state absentee owners in Queens, New York. I sent out about 700 postcards and only got 1 call back and it was obviously unsuccessful. What should I change up? Should i target a different b...
Hi All,
Found myself in a crazy situation - would greatly appreciate any practical advice.
I am buying a 2 family in Medway, MA. The closing is scheduled for Monday, November 14. The house, as specified in P&S,...