1 November 2013 | 7 replies
I was really glad to see a smaller model than mine list for sale for more than i bought mine for.
19 November 2013 | 23 replies
I also do some creative stuff with new construction and model home lease-backs, but that's another story.The 2% rule is fine, but hard to achieve for me in the areas I like to buy in.
8 November 2013 | 4 replies
I have a ton of deals varying from flips, land developments and folks who just always call me because I have invested my character into that "Do The Right Thing" business model and I just seem to find deals.
11 May 2014 | 95 replies
I gather that this takes the crowdfunders away from the model the want to focus on, which is a financial/software platform that scales without property development labor.I agree that REITS are an obvious alternative, with the most obvious benefits being liquidity, market cap/stability and standard reporting requirements.
6 November 2013 | 6 replies
Then model out the results of deploying your capital in your two scenarios, just make sure to use vacancy/expenses/reserves of 50% of gross rents, or possibly 45% if you intend to self manage.
5 November 2013 | 8 replies
It doesn't matter what you call it, security laws apply either way.)Our model is probably not for everyone.
4 November 2013 | 32 replies
Commercial works differently in that it is about cash flow models and not driving people all over creation wasting time.
22 June 2015 | 54 replies
I changed my business model when I couldn't get any clear answers about how to be in compliance with the Safe Act and the CA laws that followed.
4 November 2013 | 18 replies
Give the buyer all the information on the appliances you will be putting in (including make and model numbers) so it can be put in the purchase contract (it will make your buyers feel better if they can put all the pertinent information in the contract) or offer a credit to the buyers if they wish to upgrade from there.The security system is an added plus for you and your buyers.
5 November 2013 | 14 replies
I know you will think, oh well, when things get old I will just sell and let someone else worry about it, but if you note, experience investors here frequently indicate that a potential buyer check on the remaining lifespans and adjust their price accordingly.Besides the above, high rent property and low rent property do not fit the model as well as mid-range rentals.