All Forum Posts by: Chace Cottles

Hey Team,

I’ve been listening to all of the recommended podcasts & books & have done my best to understand what I can before diving into my first deal, but I still have a couple of specific questions I’m hoping someone can help with. Please understand I’m learning through the lenses of the Montgomery, AL & Huntsville, AL markets.

1. Roof costs. Am I wrong in thinking that the costs of eventually replacing a roof of a property significantly impacts the equity value? How do you factor that in to monthly rates?

2. Many investors cite a 2-5% growth rate in certain areas, where can I look for historical data that supports the idea that a particular area might have sustained growth rates rather than slow or even decline with new builds & expansion? Am I over thinking this?

Thanks everyone!