25 September 2024 | 8 replies
The bottom line is if the fee is too high and impacts bookings negatively, the cleaner won’t be getting paid either, so it really is a team effort.The best advice I can give is don't charge an extra guest fee if the guest number is at or below your max.

27 September 2024 | 11 replies
Just remember: most negative reviews are written by problematic tenants.

26 September 2024 | 10 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.

25 September 2024 | 0 replies
The term "Price Improvement" is a strategic choice, aiming to cast a positive light on what might otherwise be perceived as a negative development.

27 September 2024 | 47 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.

27 September 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.

25 September 2024 | 2 replies
Most investors that have tried to purchase an investment property recently have been shocked by how high prices have remained given the higher interest rates and growing negative economic news.

24 September 2024 | 2 replies
One way to save on the negative carry is to delay the purchase until the very end of permitting.

25 September 2024 | 18 replies
It would simply sit in your passive bucket and rollover to future years, negating the benefit.

25 September 2024 | 12 replies
I've had negative experiences with a bad general contractor and a non-paying renter (leading to an eviction), so I'm being extra cautious in selecting the right lender this time.Could anyone recommend a trustworthy lender in the Los Angeles area who can guide me through this difficult time?