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27 December 2024 | 6 replies
There are some options at lower deductibles but trust me you will pay for it!
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18 February 2025 | 148 replies
Nor took any action against 2 Trillion induced losses during GFC, by any banker or rating agency etc, but suppose it can't hurt to get some of your frustration out by filing a complaint, and the RADD managers may be dumb enough to give you back some of your money, as they purported to in 1 review (probably a lie).If I were in RADDs shoes today, I would have 2 choices, file bankruptcy and disperse assets after paying all liabilities, probably <50 cents on the dollar for investors, or do what they are doing, which is to go to church every day and pray for lower rates and tell the investors to go pound Sand.
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1 January 2025 | 26 replies
The buyer can obtain a property with no mortgage qualifying and or a lower than current interest rate, or on terms not readily available otherwise.
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28 December 2024 | 7 replies
If things go wrong on a $500K flip vs $1.5 million flip it is much easier to correct and you risk of losing money or not making the profit you want is quite a bit lower.
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19 December 2024 | 6 replies
Hey Grant- what did you end up doing to reconcile the data entry and system alignment between Buildium and QB?
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23 December 2024 | 9 replies
Lower the price3.
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16 December 2024 | 8 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.
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19 December 2024 | 8 replies
Are costs really lower with a container?
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6 January 2025 | 15 replies
They may tell you a certain % but then if you offer significantly lower they might change or retract that number.
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16 December 2024 | 17 replies
The barrier to entry is lower so they seem attractive, and to the person who knows what they are doing, they can be very profitable.