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31 October 2024 | 9 replies
I think I can get this property for cheaper and I think I will need to in order to pay off the hard money lender with zero out of my pocket after I do a cash out refi
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30 October 2024 | 15 replies
Have a guest policy in place and stick to it.
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28 October 2024 | 24 replies
If you have zero inquiries, you are not likely to get a qualified tenant.
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30 October 2024 | 21 replies
They're experienced investors and some of them buy sight unseen in multiple states - they have a high risk tolerance.
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31 October 2024 | 6 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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30 October 2024 | 2 replies
The taxing on marijuana should help us continue to hit the thresholds needed to keep dropping the income tax to zero.
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1 November 2024 | 8 replies
If you want to proceed, please gather these few documents, and email them over to me.Photo ID: Please provide a clear copy of your valid photo identification.Proof of Social Security Number: Documentation confirming your Social Security Number.Homeowner Insurance Declaration Page: Is the cover letter with your policy number and coverage amounts.
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5 November 2024 | 34 replies
Hey @Scott Meech - Check out your competition with furnished finder that is where a lot of Medium Turn rentals list their properties.I have a MTR in Chicago that has been decently successful...whatever I have found throughout my entire life and investing career is it is never one property/deal that is a grand slam...Rather, the grand slam is done by hitting many singles and using systems and processes to scale your operation; the combination of scaling and experience in a niche of real estate allows you to hit unlimited grand slams because, unlike baseball, real estate is NOT a zero-sum game.
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5 November 2024 | 52 replies
So that we do not start our conversation at zero, please reach out to your colleagues Andrew Schultz and Matt Rice and get up to speed.
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9 November 2024 | 87 replies
I'd rather live in a country where there is confusion about what a woman is, than a country where women have minimal rights or where they are in short supply because of failed social engineering policies.