Art Webb
Anyone have experience with Privy Real Estate Database —— Especially Expired Listings
7 October 2024 | 5 replies
You can set specific criteria to spot underpriced homes, distressed properties, or anything that’s flown under the radar.I know several investors have had more luck with using water shut off lists, so while it's more work, that might be an even better approach.One thing to note is that Privy compiles real-time MLS data and integrates public records, so you’re not just getting a snapshot of the listing status but a full picture, including owner history, property condition, and any price drops over time.That said, if your focus is primarily on expired listings, I'd also suggest checking out RedX—they’re known for their niche in expireds and FSBOs.
Chinku Prasad
HVAC leak on 4th floor caused damage to our ceiling 2nd time
7 October 2024 | 3 replies
About a month ago our renter called to say that the water is leaking through the air vent from the ceiling.
Jose Quinones
Long term visitors raise water bill
2 October 2024 | 8 replies
@Jose QuinonesHow much is the water bill?
Jerry Zhang
Wholesaling Mobile Homes - Seller Carryback Deals?
7 October 2024 | 2 replies
These deals are much easier to get locked down and offer more options for disposition strategy, but would rely on a qualified buyer pool who would be earning more than the six figures through w2 or a business.Benefits:- No Down payment deals- Seller carries 25-50% of purchase price- Lower interest rate than banks.
Ismael Ayala Jr.
House swap! Creative financing!!
9 October 2024 | 2 replies
They have a ton of equity >$100K, <3%, but older home in need of roof, A/C, and water heater in next 5-10 years.
Heather Cunningham
Hurricane and incoming guests
7 October 2024 | 7 replies
I told them I would bring them extra flashlights, batteries and water but they should get themselves perishables.
Saurabh Kukreja
Exploring Michigan Area
5 October 2024 | 1 reply
: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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Ben Burgess
Getting on the path!
8 October 2024 | 13 replies
Though I haven't closed anything yet, I have come quite close and have expanded my network and pool of knowledge as a result.
Aaron Kohanbash
Real estate market analysis
5 October 2024 | 7 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Mitchell Hein
New AC unit
10 October 2024 | 25 replies
The same AC or water heater also costs more if it gets installed in a 1 million dollar home than if it goes into a 300k home.