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13 January 2025 | 11 replies
Lastly, make sure to rework your numbers on the conservative side.
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9 January 2025 | 3 replies
Indianapolis for example has been a Hot market for the last 3-4 years since COVID blew up home prices back in 2019.
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9 January 2025 | 2 replies
I was working with a local credit union who pulled out at the last minute.
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9 January 2025 | 46 replies
Virginia passed legislation last year (I was not involved) that defined it as a real estate brokerage activity, thus nessceitating a license to wholesale.
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13 January 2025 | 12 replies
The last time I checked, they said Airbnb decide this category and I cannot request it. good luck it will be incredible boost.
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21 January 2025 | 20 replies
I did this again last year with a paid off property only cash flowing me $1200/month.
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21 January 2025 | 74 replies
The last one, Realty 411, is a completely made up magazine.
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8 January 2025 | 10 replies
My last visit was in 2021 and owners were limited to one guest per month.
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9 January 2025 | 2 replies
Some, like the last one we got in place, used a drive by estimate of value rather than a full interior appraisal.
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7 January 2025 | 9 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.