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1 February 2025 | 2 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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25 January 2025 | 2 replies
If I were down there I would think about setting up a food truck or 10 or 20 and serving breakfast burritos 24 hours a day with some good hot coffee.Just my 2 cents.
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21 January 2025 | 4 replies
Hello good people!
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29 January 2025 | 25 replies
It sounds like we didn't do a good job of setting expectations with you on the front end.
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8 February 2025 | 6 replies
Different times, different place, different circumstances but did good on each flip at the time.
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17 January 2025 | 3 replies
Would it be a good idea to get a real estate license and work in real estate or are there other options to get in Missouri to get real estate experience without a license?
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29 January 2025 | 11 replies
Good luck on your journey man.
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22 January 2025 | 22 replies
The key is to offer something different to the other homes, and be an attentive host, to get good reviews to boost OTA (Airbnb/vrbo) rankings.
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26 January 2025 | 13 replies
It has good integration, is cost effective, and the direct booking feature is pretty good!
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2 February 2025 | 4 replies
It's not difficult (shouldn't take long) to get flood insurance quotes (NFIP & private) if you work with a good agent.