AJ Martinez
Anyone ever deal with HCD and SBC in California?
26 September 2024 | 0 replies
They rely on the home owner to do the coordinating, but they both expect submissions and approvals from each other all at the same time.
Steve Ford
Operating Expense Estimates
30 September 2024 | 15 replies
Looking outside the city proper (Las Colinas, The Colony, Frisco, etc…up around where Universal is going in).
Shane Quin
Private Investor for Flipping business
1 October 2024 | 9 replies
Many flippers use private investors to fund deals, and structuring the arrangement properly is key to ensuring both sides feel secure.When pitching a private investor, the most important thing is to clearly present the deal.
Ashley Gamble
HELP! Sellers didn't disclose major issues - unrentable and requires massive repairs
1 October 2024 | 5 replies
In a lot of cases, there was a drainage system installed but it was not properly maintained and therefore doesn't work.
Lavette Reid
Raising Investor Here
30 September 2024 | 10 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.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
On that basis, you decide what the proper allocation is for you.
Devin Bost
Emergency issues while remotely self-managing?
30 September 2024 | 12 replies
Properly scheduling inspections for HVAC systems, water heaters, septic.. etc, is vital to minimizing emergencies.
Kevin Mirise
High cashflow Lodging house, walkable beach community S of Boston
1 October 2024 | 2 replies
We have never lost a single case in court, and most cases don’t make it to court because the offending tenants know that we have well-documented evidence and understand the proper procedures to prevail.
Elizabeth M Gunther
Detroit property management
1 October 2024 | 24 replies
The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.
William Johnny
Pay off debt first or invest first
25 September 2024 | 17 replies
In order to properly assess, we would need more information.