Jordan Alexander
Subject To or to not Subject To?
8 December 2024 | 8 replies
Is it just as simple as entering your account information in their mortgage payment portal and making sure the payment comes from your account?
Joe DeVico
Propstream or Batchleads?
9 December 2024 | 12 replies
If you cancel your account all your data will be lost.
Lorraine Hadden
Is AN 800+ FICO CREDIT SCORE EVEN POSSIBLE?
9 December 2024 | 38 replies
Hold on to the cards forever (closing accounts or opening new cards can impact your score).
Don Konipol
Can Real Estate be Purchased Below REAL Market Value?
16 December 2024 | 7 replies
This can easily happen when the person valuing the property does not account for differences in the subject property and those chosen as comparables.
Kevin Duong
Considerations for house hacking with pets
11 December 2024 | 6 replies
We're contemplating allowing pets, as there will be no other roommates besides us and we don't have any allergies.Questions:- Considerations for Allowing Pets: What factors should I take into account when renting to tenants with pets?
Andres Rossini
Am I greedy/emotional seller? Revenue=185k Expenses=100K
10 December 2024 | 39 replies
Further, we need to account for a $10k “reserve” for what will be repairs / maintenance as the property ages.
Travis Boyd
Should I wait to form my LLC until after my first purchase
14 December 2024 | 6 replies
My understanding is the key is to keep separate bank accounts and financial transactions.
Xavien Rafael
The Benefits of Using an LLC vs. S-Corp for Real Estate
11 December 2024 | 0 replies
This could free up more cash flow to reinvest in your deals.But here’s where it gets interesting: making the transition to an S-Corp can require a more organized financial structure, which includes separating your accounts, keeping clean records, and being prepared to pay yourself a reasonable salary as the business owner.
Sebastian Tamburro
New Investor looking to break into the foreclosure market
2 December 2024 | 2 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
James French
Private money club with Chris Naugle
11 December 2024 | 12 replies
Our proven systems and personalized approach ensure that you’re on the path to making your goals a reality.Next Steps:Set up your Private Money Club AccountIf you haven’t already, make sure to create your free account at www.privatemoneyclub.com.