Kyle A.
Modeling Future Occupancy and Rates for STRs
I typically work in the commercial multifamily space using the LTR approach, but currently broadening scope into smaller multis, potentially using the STR approach. Those of you that have experience modeling out pro f...
Corbin H.
How to fund massive unexpected repair
I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that...
Alexander Schloe
Should we consider a lawsuit?
Friends, We recently bought a STR in GA and it seems like we walked into a mess not disclosed by the sellers or picked up on the inspection report. For example, after closing we walked in to find: water in the baseme...
Kyle Michael
cost segregation
I have read it is a good idea to have a cost segregation done I have found a few companies but what should I be looking for in a cost seg firm?
Chase Hancock
Just sent out mailers...now what?
Today I just sent out 100 mailers to absentee owners. Now that I have about a week before calls come in, I'm a little confused as to how the rest goes. I have an app in podio where I am supposed to input new leads and...
Ryan York
First Apartment Analysis - What Am I Missing?
Hey all!Happy Monday. My partner and I have been looking into apartments for a little while now, and we think we've finally come across a deal that works for us. The complex is 8 units. Currently only one unit is r...
Adam Blachnio
Why Most Of Investors Invest Only In Local Market?
I found that investors are focused on their local market because "they know it" even if return rates are much, much lower than in other areas...If they decided to be REI, so assuming they want as high return as possib...
David Besins
Is this a good deal - $5M income property
Quick background: I have decided to start building a portfolio of rental properties (multi family) mostly in the Boston area for now. After acquiring a couple of 6 and 7 family - 600K properties, I realized it is quit...
Daniel Phillips
Paid Investor Training?
Hello all,
I am thoroughly enjoying the wealth of advice and information available on this site. I've truly had my eyes opened to the opportunities available!
What are your thoughts on taking an investo...
Red Peterson
Question on 2% rule of thumb mentioned in podcasts.
Heard it more than once in podcasts that a good rule of thumb is getting a property rented out for 2% of the purchase price. Question: which market is this applicable? Is this only on certain states and expensive prop...