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16 October 2024 | 13 replies
This is neighborhoodscout stats- since 2000: 287.98% or 5.75% annually which is 10/10 nationally- for last 10 years: 125.30% or 8.46% annually which is 9/10 annuallynot bad but not that impressive until you factor in leverage.
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15 October 2024 | 1 reply
Hey Patrick,That's awesome — —sounds like you and your wife have built an impressive portfolio!
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20 October 2024 | 32 replies
They will just collect the overbid.
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21 October 2024 | 13 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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16 October 2024 | 10 replies
It will tell you if that change increased/decreased clicks & First Page Impressions & Booking Rate overtime.
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17 October 2024 | 8 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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14 October 2024 | 9 replies
As a result money spent on trying to achieve anonymity is probably the largest unnecessary expense new investors incur and when they hear someone like yourself with 26,000+ posts and impressive credentials share that you can't be traced, that's something forum readers will latch onto.
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16 October 2024 | 3 replies
In wholesaling, the wholesaler collects a spread from the assignment, but when you are licensed that real estate income has to go through the brokerage you work with.
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14 October 2024 | 6 replies
The impression I get from this person is that they are uncomfortable with sales, in general.
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16 October 2024 | 4 replies
@Chris SeveneyThe long-shot play I became aware of; Capital Improvement Project Funding that the city/county have allocated for projects that meet 2 criteria.Have a lifetime greater than 10 yearsCost more than $50,000I believe, even if the water and refuse collection run is only 1000 ft, that may not qualify but to do it "right", that two mile run would allow the entire subdivision to be supplied with services.