6 October 2021 | 6 replies
First, I look at comparables on the MLM and see what the fair market rents are.
1 October 2021 | 1 reply
How do you compare new prospects to the current situation to see if the move is worth it?
18 October 2021 | 12 replies
I have no idea where you get the notion that in renting you will do little renovation and get the best dollars compared to other stuff .
2 October 2021 | 2 replies
After purchasing this property, comparable homes sales went up by 50K, making this a low risk investment to remodel and turn into a "themed" vacation rental.
1 October 2021 | 1 reply
After purchasing this property, comparable homes sales went up by 50K, making this a low risk investment to remodel and turn into a "themed" vacation rental.
4 October 2021 | 26 replies
If the same property cash flows $800 per month ($9,600 per year) without a mortgage then it returned 9.6% compared to the $100k investment.
20 October 2021 | 2 replies
Compare that rate to Cary, NC with a 17.3% growth rate over the same timeframe.
16 October 2021 | 7 replies
I always analyze what my competition will be like at the end of the flip (active comps or active projects) and then look at what the comparable are (closed sales).
3 October 2021 | 16 replies
Their appraisal appraised $90,000 less compared to mine.
8 October 2021 | 13 replies
You should definitely shop PMs and understand what comparable units are renting for, their condition, amenities etc.