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3 February 2025 | 11 replies
Newbie investors talk about how they are going to get rentals so they can quit their job.
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7 February 2025 | 12 replies
If you have an awesome job and love living where you are, there is no shame in staying put!
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4 February 2025 | 6 replies
The cleanout is about 10-15 feet from the curb, but they had to snake 70 feet, suggesting a potential city sewer issue.The plumber mentioned that if I report this to the city, they will likely request a secondary cleanout closer to the curb, which I would have to install at my expense (a costly job).
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19 February 2025 | 2 replies
Now the job is almost done and management company is asking me for work compensation and insurance say I have un-authorized job done.
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8 February 2025 | 14 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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3 February 2025 | 15 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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3 February 2025 | 47 replies
I suggest before that, get heavily networked into your target market. namely with the older investors.
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20 February 2025 | 18 replies
Eviction details, line of work, years on the job, and some quick frontend DTI math.
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2 February 2025 | 10 replies
I work in group home settings for a living and at my previous facility there were two clients per bedroom which would give you potentially 8 in your house while at my current job there is one client per bedroom which would only be 4 clients in your home.
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6 February 2025 | 42 replies
I would first look at a place where you can transfer job wise that makes the most sense.