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10 June 2024 | 39 replies
This home having a pool is huge for summer rentals and rates, also on a privacy fenced 1/2 acre.
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10 June 2024 | 5 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+, 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, 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.
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12 June 2024 | 15 replies
Not so easyDisagreements happen - gotta be clear on who does whatActive participation required - not ideal for your hands-off friendsSyndicationProsLimited liability for your friends - they only risk what they investEasier to raise money from a bigger pool of investors - more cash for bigger deals!
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10 June 2024 | 2 replies
A 1,767 SF (Living) for $369,900 and a 1,767 SF Pool homes for $479,000.
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13 June 2024 | 25 replies
Feels like this buyer pool dried up recently with the interest rates rising?
10 June 2024 | 20 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+, 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, 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.
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11 June 2024 | 30 replies
Hi @Elijah SkinnerTexasDallas Fort Worth solid tenant pool & renters where we have tons of job growth opportunities
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10 June 2024 | 25 replies
Depending on location you may also need regular pest control and pool services.
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8 June 2024 | 7 replies
I'm looking for suggestions on contractors to work with especially the landscaper, pool rehab and cleaners for maintenance Thank you for your help.
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10 June 2024 | 30 replies
The prospects for appreciation are limited (probably below the inflation rate), your tenant pool sucks to manage from out of state, your risk is high because you don't know what the heck you're doing - none of us did on the first go; that's not personal - and your flippant verbiage is treating this more like trading stocks than buying property.