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18 October 2024 | 1 reply
What do you have that can solve or greatly optimize these two issues?
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25 October 2024 | 16 replies
Rate fluctuation, election, and general cooling of the Ohio market I think all collectively leading to this.
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25 October 2024 | 23 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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23 October 2024 | 10 replies
Managing tenants, collecting rent, and handling repairs can be time-consuming, so factor in property management fees if you hire someone.6.
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28 October 2024 | 40 replies
We make over double the fair market rent. with zero collection issues and turn overs that are simply hire the made to go clean..
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24 October 2024 | 13 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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21 October 2024 | 2 replies
Most users may not visit a 3rd party site, and you could collect some answers by asking for genuine feedback here on the forums.
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22 October 2024 | 4 replies
Hire a property manager.If you choose to self-manage, be prepared to handle tenant comms, maintenance requests, and rent collection.
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24 October 2024 | 19 replies
One to hold all the security deposits and the other for collecting rent and paying your bills.
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21 October 2024 | 15 replies
Definitely would need something on paper backed by lawyers, it is a business at the end of the day. im trying to collect as much information as i can before making any decisions, thank you