Reason 7 on Why the Wealthy Invest in Real Estate!
Economies of Scale
✨This one is simple - the more units under management, the higher your ability will be to lower expenses (think cost per unit), thus driving up t...
Hey BP,I've been blowing the site up this week getting as much info as I can handle. So I thank you guys in advance. I'm having a hard time finding ways to to get comps on houses that I'm looking in to. Obviously I ca...
Hello everyone! I was curious about some of the pitfalls I need to pay attention to when purchasing condo's/apartments/townhomes. Especially when dealing with the apartment complex that manages the unit. I am purchasi...
How does everyone estimate value for a duplex in a neighborhood where there are no other duplexes? I'm sure there's no exact formula here (I hope I'm wrong about that though!) but what would be a rough way to approxim...
Hello, Thanks in advance for reading. I am considering building a higher end duplex complex consisting of 8 duplexes (16 units). I already own a vacant lot ready for construction. My question is how do you determine t...
Good day all,We have an apartment we feel needs renovated/updated. The tenant's lease is up as of now and they're currently on a month-to-month. Are there any restrictions or processes we should adhere to in order t...
Just thought I would share a great article I came across.https://huntsvillebusinessjour...Housing supply continues to increase, but can it meet demand?
April 3, 2023/in Community Development, Economy, Featured, Housi...
I'm sure this has happened to all of us.
You fully underwrite a potential acquisition. You analyze the T12, look at the comps, plug in your debt terms, and determine your capex budget.
Sometimes, this can easily t...
Hello, I am ready to buy my first rental in the next few months. doing my research on LLC's and the market I want to invest in. I have searched the forums and the internet and cannot find a clear answer to this next q...
Hi all. I have a wholesale deal under contract, but I'm seeing that title incorrectly shows 2 beds when there are really 3. Seller claims all 3 beds are original & from my inspection, they appear to be original a...