The B in Bounce: Buying on Actuals, Not Hopes
Welcome to The Bounce Method Podcast! I’m J.D. Allen, and today, I’m revealing the “B” in our Bounce Method: buying at the right price. This is crucial for early-stage investors focusing on Class C properties in tertiary markets. My golden rule? We don’t buy on pro formas; we buy on actuals. Pro formas are speculative, […]
My Secret Weapon: Unlocking Deals with Seller Financing [Ep 3]
Welcome to The Bounce Method Podcast! I’m J.D. Allen, and I’m sharing a strategy the banks don’t want you to know: seller financing. This method allowed me to secure deals when interest rates were high and banks wouldn’t even consider them. It’s about finding a seller who wants out and crafting a plan to meet […]
My Bounce Mindset: It Starts in the Mirror [Ep 2]
Welcome to The Bounce Method Podcast! I’m J.D. Allen, and I’m here to tell you that real estate success doesn’t start with a calculator; it starts with a mirror. I’ve seen Ivy League grads fail while high school grads build multi-million dollar portfolios because, in small multifamily investing, the right mindset beats knowledge every time. […]
My Bounce Method Flipping Mindsets, Not Just Properties [Ep 1]
Welcome to The One Deal Millionaire Podcast! I’m J.D. Allen, and I’m here to share how I went from nothing but grit and a dream to creating a blueprint for flipping small apartments and achieving financial freedom. I started this journey with setbacks – overpaying for a property that flooded and losing $20,000 – but […]
What is the 1% Rental Investment Rule?
The 1% rental investment rule is a general guideline used by real estate investors to quickly evaluate the potential profitability of a rental property. It is a simple rule of thumb that helps investors determine whether a property’s rental income has the potential to cover its monthly expenses and generate positive cash flow. According to […]
Mastering Multifamily ROI Calculation: Your Step-by-Step Guide to Evaluate Multifamily Property Sales
Navigating the waters of selling your multifamily property isn’t complete without a firm grasp on Return on Investment (ROI) calculations. This financial compass guides you through the intricate landscape of potential gains. Brace yourself for an enlightening journey as we break down the step-by-step process to calculate ROI when selling your multifamily property. Step 1: […]
Comprehensive Guide: Step-by-Step Calculation of Apartment Net Operating Income (NOI)
Understanding and calculating the Net Operating Income (NOI) of an apartment building is a cornerstone of successful real estate investing. NOI offers a clear view of a property’s financial performance by factoring in revenue and subtracting operating expenses. Follow these step-by-step instructions to accurately compute the NOI of an apartment: Step 1: Gather Income Data […]
Selling vs. Holding Multifamily Properties: A Comprehensive Comparison
Multifamily property owners often find themselves at a crossroads – should they sell their investment or hold onto it? This decision is a crucial one, with implications for both short-term gains and long-term financial strategies. In this in-depth exploration, we delve into the pros and cons of selling versus holding multifamily properties, offering insights to […]
Holistic Approach to CapEx and OpEx Planning for Multifamily Apartment Complexes: A Step-by-Step Guide
Crafting a solid financial strategy for multifamily apartment complexes hinges on the meticulous management of Capital Expenditures (CapEx) and Operating Expenses (OpEx). This comprehensive step-by-step guide will walk you through the process, ensuring your property’s longevity, value, and tenant satisfaction remain at the forefront. Step 1: Thorough Property Assessment Initiate with a comprehensive evaluation of […]
Fixed vs Growth Mindset
The concepts of fixed mindset and growth mindset, popularized by psychologist Carol Dweck, represent contrasting attitudes towards learning, challenges, and intelligence. Understanding the distinctions between these mindsets is crucial for personal development, success, and fostering a positive mindset. Fixed Mindset Individuals with a fixed mindset believe that their abilities, intelligence, and talents are fixed traits. […]