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31 January 2025 | 11 replies
I would recommend finding a real estate cpa even for one property.
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13 February 2025 | 15 replies
I have found that Redfin actually has pretty good search parameters to where you can look for listings that have been sitting a while that fit your buy box, and you can even do keyword searches for things like "as is", "investor", "seller financing", "guest house", etc. depending on what you are looking for.
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30 January 2025 | 7 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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29 January 2025 | 40 replies
Heck, I didn't even want to make it about SEO.
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4 February 2025 | 7 replies
If he does pay, then you can just cancel it but if he does not, you haven't wasted more time and have delayed the eviction process even longer.
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25 January 2025 | 25 replies
STR feels more like a strategy to break even or eek out a meager return on a great asset than a strategy to cashflow.
29 January 2025 | 20 replies
We asked for receipts but haven't received them, even though according to contract they're mandated to share them.
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5 February 2025 | 16 replies
Meet with the PM and their staff, even if it’s virtual.
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27 January 2025 | 27 replies
Quote from @Joshua Janus: Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!
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24 January 2025 | 3 replies
Your construction skills can give you a significant advantage, allowing you to save on rehab costs or even flip properties for capital.