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22 February 2025 | 17 replies
So the assumption of $1k per month isn't far ofIt is far off if doing an estimate of sustained expenses. 6 units at $1200 is $200 unit/month.
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27 January 2025 | 9 replies
Meanwhile, I have 10 units management experience.
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14 February 2025 | 8 replies
So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyWe also obtain data from national databases about evictions, convictions, and sex-offender histories.
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14 February 2025 | 9 replies
Work with a lot of expats and foreign nationals in this space tax related.
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20 February 2025 | 9 replies
The good news is that there are plenty of investors who would be interested in the property as-is and even more investors interested if:- The property is in an area they are familiar with- The property is in a desirable area- You are deep into the eviction process (it seems as though you are)- You can deliver 1 unit/floor vacant (this could happen before closing)That said, if you can keep it, I'd say do it.
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24 January 2025 | 8 replies
Investment Info:Large multi-family (5+ units) buy & hold investment in Tuppers Plains.
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19 February 2025 | 7 replies
I currently have a client looking to purchase their first investment properties here this year as well as in other Midwest markets that are also showing some of these same factors coming to light.Another thing to consider is that OKC is home to nearly 20,000 military / government workers with Tinker Air Force Base and the Army and Air National Guard posts there.
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21 February 2025 | 23 replies
.- CA has larger share of residential units owned by investors than any other state.
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5 February 2025 | 5 replies
Are there specific national or regional agencies that coordinate temporary housing for disaster victims?
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21 February 2025 | 13 replies
Home prices have doubled in the last ten years and we are still well below the national average.