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3 February 2025 | 15 replies
Some may have very small thresholds for repair holdbacks on purchases but this is typically limited to make ready items not to exceed $2,500 in costs to cure.
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8 February 2025 | 49 replies
CA maybe as high with their EIR requirements that cost 250k to 500k just for the EIR reports.
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19 February 2025 | 26 replies
Aside from downpayment, you want to have a solid emergency fund in place, something that can cover unexpected repairs, vacancies, or any other random costs that pop up.I’d also recommend saving more than you think you'll need and keeping a close eye on your expenses.
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20 February 2025 | 8 replies
I am trying to target a savvy investor or younger buyer who want to house hack while living in main home to help with the cost of ownership.
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6 February 2025 | 5 replies
Hi all investor here with a sfh property in Oklahoma, I have been having ongoing plumbing issues almost every week with toilet clogs etc since last year, and recently they had to repair the sewer lines and had to excavate the backyard and living room floors costed me tens of thousands of dollars.
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17 February 2025 | 92 replies
They accept it as a cost of there decision.
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7 February 2025 | 7 replies
Strategies like living in a duplex or triplex, adding an ADU, or renting by the room can help maximize cash flow while leveraging FHA or VA loans for lower upfront costs.
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31 January 2025 | 27 replies
Way better returns on the cost seg than you'd ever cash flow from an LTR.
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7 February 2025 | 8 replies
Courtesy of the video, criteria to consider include Deal Type, Management Plan, Business Plan, Financing, Asset Class, Ownership Structure, Property Class, Location, Purchase Price, Rehab Costs, Risk Target, and ROE Targets.
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9 February 2025 | 3 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.