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2 January 2025 | 13 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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1 January 2025 | 6 replies
Start sending the proper notice allowed by law.
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2 January 2025 | 11 replies
Regarding evictions, it depends on the time and resources you have available.
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31 December 2024 | 3 replies
Do they have the proper insurance and licenses?
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28 December 2024 | 13 replies
Again, I primarily work in Portland proper (which, it seems like most of these folks responding aren't aware, is a whole different ballgame than the rest of Oregon).
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29 December 2024 | 11 replies
- Are there specific tools, resources, or methods you use to simplify the regulation process?
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23 January 2025 | 52 replies
The resources are endless here, but at some point, the messier it gets, the less seasoned investors are going to spend the time.
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11 January 2025 | 19 replies
I taught myself Spanish, I already know the construction crews in the area, the realtors, the communities, the land, I have someone managing the property, I have a maintenance crew… I already did an incredible amount of the work involved in finding a deal and turning it around through reconstruction and proper management.
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31 December 2024 | 6 replies
I'm in Steubenville, Ohio a small town with limited resources.
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30 December 2024 | 7 replies
Depending on what resources are being used to find the comps they may be ambitious.