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.
Gi'angelo Bautista
House Flipping Performance Coaching/Community?
11 December 2024 | 8 replies
I have been pleased with it and not just tons of excellent info and resources, but great interaction along with accountability with the focus on taking action.
Rob Pattison
Advise on how to pay my Costa Rica property manager
8 December 2024 | 8 replies
So you could open an account here to make quick deposits?
Bill Heater
Retiree wants to buy house next door
10 December 2024 | 1 reply
I have approx $10m in retirement accounts.
Andreas Mueller
Why Should the Fed Cut Rates at All?
17 December 2024 | 0 replies
But the NAHB also reiterated evidence of an ongoing labor shortage, saying, “The ongoing skilled labor shortage in the construction labor market and lingering inflation impacts account for the recent acceleration in wage growth.”For now, the hot market is still rolling.
William F.
Open reviews on land investing programs
17 December 2024 | 13 replies
Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.
Alexandre Boustany
Digitizing a Small Real Estate Business
12 December 2024 | 2 replies
Accounting System with "Control" ChecksSoftware to manage revenues, expenses, payroll, and taxes, etc., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.
Lorenzo L.
First Single-Family Fix and Flip at 21 (NEED ADVICE)
10 December 2024 | 2 replies
Escrow Account Setup 9.