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18 January 2025 | 10 replies
The more time I have the higher that number can go.
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14 February 2025 | 3 replies
Really appreciate your time.
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9 February 2025 | 12 replies
It is time for new ones and this time I will use a pro once I find one where I own the pics and not them.
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21 January 2025 | 18 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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10 February 2025 | 10 replies
These people don’t have the time to do it themselves.
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20 February 2025 | 4 replies
Even if the owner seems like a really nice person, they will micromanage the builder and not like the specs of the house the builder needs to do, and/or the timing in which the builder gets it done, etc.
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22 January 2025 | 22 replies
None of these communities will be changing to residential neighborhoods, although a couple do have residential 'sides' that full time residents live in and can not be rented short term.Two of the big communities that you will have some issues with self managing are Reunion and Margaritaville.
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11 February 2025 | 8 replies
Quote from @Michael Addison: Hello,First time out of state investor from CA interested in Cleveland.
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14 January 2025 | 17 replies
I do not think anyone in Cleveland will do a good job.