All Forum Posts by: Jacob Holth

BP!

Has anyone here used a home stager or interior designer boost appearances and sell a property? - If so what was the cost/effectiveness of service, and would anyone make a recommendation?

The Indiana area would be best, but any contact to get more info would be great, thanks! 

@Craig Curelop and @Sean Lambert Thank you both for your take! - noted and appreciated 

BP!

Who here has their Real Estate license and uses it to help with their investments? - What are some pros and cons? Many have been asking me about this in my area

Thanks - Jake

BP

Has anyone has used a 203k FHA on a multi-unit property?

If this is possible, how long did you have to wait to refinance? I am considering this strategy to get the lowest cost up front while working for the highest cash flow possibilities.

Thanks - Jake

Members of BP,

Does anyone in Indiana (specifically NWI) know of any entities that offer part-time broker affiliation? I have a few close friends interested in becoming RE Agents but are not yet ready to leave their day-jobs to do so. I have considered this myself from time to time! 

Thanks, Jake

@Adrien C. Dude, thank you for that rundown and no-nonsense bottom line on ROI.

@Bjorn Ahlblad @Bruno Orsanic

I agree with Bjorns take on CAP, by my standards I consider 5% a no fly zone. Also 7-8% is realistic in most markets (from what I hear)

What I took from Bjorn here is to fix your own variables, good call not to trust whats given!

@Bruno Orsanic I chose to invest in my hometown and immediate area. I grew up there and visit often. This has been invaluable in seeing  trends in real time and real life.

I do live in a unique place in Indiana where most residents commute to Chicago bringing city money to smaller towns. win win

Bjorn! Thank you for that. You focusing on the 1% rule and CAP rate is just what I was looking for, adding to the essentials list now!

Also when you are checking cash flow how positive do you like to be to consider further evaluation? Do you have a cushion of safety in your experience? 

Hey BP! - This is a question for the buy-and-hold multi/single family home members!

I'm a new investor with a career in CPG (consumer packaged goods) sales and distribution. I have a set of essential equations to evaluate deals before entertaining further analysis. 

I wanted to know what equations/metrics are a MUST HAVE when looking at a possible deal - I'm having a hard time trying to pin down which hold the most weight and make the largest impact in the rental world!

Thanks! - Jake