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7 January 2025 | 1 reply
Brandon Turner does a great job going over different strategies in his book "Invest in Real Estate with No (or little) Money Down".
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27 January 2025 | 13 replies
We have one property managers whose job is to be our eviction Laison across the whole portfolio.
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6 January 2025 | 4 replies
I work at my brothers business as a independent contractor , he has an accountant for this business is necessary for him to to this job or i can do it myself.
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30 December 2024 | 1 reply
Plan to make some tenant improvements to push rents closer to market rate for the area.
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3 January 2025 | 40 replies
The problem is these homes are 60-120 years old and because of the low value neighborhoods, nobody has ever made any capital improvements beyond duct tape.
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6 January 2025 | 7 replies
Licensed contractors have more of their "shtuff" together and thus are better at their job and naturally will cost more.
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4 January 2025 | 7 replies
Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.)
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15 January 2025 | 24 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 January 2025 | 10 replies
It might be helpful to narrow down your options by focusing and researching for markets with strong rental demand, growing job markets, and property prices that fit within your budget.
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13 January 2025 | 12 replies
This is where people fly in, this is where jobs and internships are, and it's central to the entire Triangle.