4 January 2025 | 7 replies
Skip the class and go straight to learning on the job.
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6 January 2025 | 9 replies
While it's positive after expenses and has potential for improvement in year two, it’s been a bigger hassle than anticipated and taking attention from other priorities and areas of our life with not enough return.
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7 January 2025 | 8 replies
Vitaliy, gave you solid advice and did a good job of explaining some of the key issues.
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4 January 2025 | 9 replies
My main goal is it be able to retire at age 40 from my main job and work entirely on my real estate portfolio.
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27 December 2024 | 2 replies
@Jonathan Small Nice job on this find and completion.
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14 January 2025 | 17 replies
GC's are all very well prepared in contracts now post covid, so there will be job stops when there isn't $ to cover those job cost runs.
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2 January 2025 | 0 replies
Basic staging with an agent usually means they give you insight into how you should:Declutter and depersonalize by removing photos and personal itemsArrange your furniture to improve the room’s flow and make it feel biggerAdd plants, move art, or re-arrange other accessoriesFull-service staging is another option if your house needs more hands-on attention.
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7 January 2025 | 4 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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13 January 2025 | 45 replies
.- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.
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7 January 2025 | 6 replies
It is an awesome system and does everything for single and multi family management, makes our difficult job so much easier.