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19 December 2024 | 82 replies
But that matches the return on equity the big tech monopolies make.
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16 December 2024 | 23 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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21 December 2024 | 6 replies
Today we are economically diverse and showing job growth in several sectors.Having said that, I am not an economist (or a fortune teller) so these are just my thoughts after having gone through the Great Recession and knowing how housing-dependent we were then.Melanie
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21 December 2024 | 14 replies
My job has steady income, but no W2s and no pay stubs.
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31 December 2024 | 76 replies
Ask for owner financing or wholesale anything you find.I just don't recommend arbitrage to create a job for yourself.
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27 December 2024 | 66 replies
My view is inspectors find problems, it is their job.
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20 December 2024 | 9 replies
I'm a 30 year old husband and soon-to-be dad in a dead end sales job in Alabama.
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26 December 2024 | 13 replies
.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you.
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25 December 2024 | 12 replies
Overland Park, KS vs Kansas City, MO) Very landlord friendly, worst case eviction is usually 8 weeks + $500 + lost rent (cannot comment on individual cases and this is not legal advice) Large diverse metro area - variety of jobs, companies, people can have a career in KC.
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22 December 2024 | 8 replies
I have a job with steady income but I want to stop working by the age of 27.