30 April 2020 | 7 replies
When performing due diligence, I stress test the deal with various vacancy rates.
29 April 2020 | 4 replies
Of course, I'm not an agent so I don't track the data anywhere near as closely as they do.
8 May 2020 | 4 replies
Scoping damage is looking at a room and being able to capture the data on what is damaged, what are its measurements and does it need to be repaired or can it be fixed in place.
28 April 2020 | 0 replies
It is my understanding that title companies can provide this information, but I’m looking for a more autonomous approach so I can play around with the data and maybe even scrub through various markets in the US.Thanks,Kevin
29 April 2020 | 2 replies
The bathroom layout will not change, only the kitchen will, where I have the plans drafted by cabinets.comThe only way for me to become a professional engineer is to take the FE, and PE exam, and test sites right now are closed...
17 June 2020 | 16 replies
An investment, if done properly, is an income generating asset that will grow your wealth.As far as choosing a market, Destin/30A/PCB is a tourism and STR hot spot, so there is data from several sources that you can use to estimate what you should be able to bring in on an annual basis.
2 May 2020 | 3 replies
Adjust any three of those data points and the PMNT amount will also adjust.
29 April 2020 | 8 replies
The self sufficiency test only applies to 3 and 4 unit properties, not 2 unit.
29 April 2020 | 4 replies
The true economic (possibly physical) vacancy rateTo hedge this, I'm stress testing deal analysis with 10-15% (at least) off the ARV and rents and doubling vacancy.
2 December 2020 | 12 replies
You are not going to get solid answer for your location and your properties from others. perhaps you want to do a side-by-side test with them for similar properties over at least 6 months. in addition, this pandemic and the following impact of it may throw things off for a while.