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16 December 2024 | 43 replies
They could have had better affiliates who do a better job on a turnkey property.ofcourse you are right that I could have done my proper due diligence which I did.
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15 December 2024 | 19 replies
That’s just a job for peroxide and a good story for the open house.
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11 December 2024 | 29 replies
A conventional income applicant, so to speak, could lose their job and pay you nothing.
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7 December 2024 | 6 replies
The city's population growth, strong rental demand, and job opportunities in tech, logistics, and military sectors make it a reliable choice.
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14 December 2024 | 101 replies
Seeing someone with bad credit, messed up financial, no job, putting the debt on his parent's account to pay for this program and hope to achieve a dream that he's most likely not achieve, really breaks my heart!
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9 December 2024 | 9 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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8 December 2024 | 0 replies
When you work a 9-5 job, you typically rely on colleagues assigned to you.As an investor, you have the OPPORTUNITY to assemble your dream team of professionals who share your ambition and can help you achieve your financial goals.
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10 December 2024 | 5 replies
Create a realistic pro forma profit and loss statement to determine if this business has the potential to pay any more than you could make working a “no risk” job. 6.
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13 December 2024 | 35 replies
In these cases, maintenance and capex come out of the investor's pocket funded by their day jobs.
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9 December 2024 | 6 replies
nice job and not far from me