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5 January 2025 | 11 replies
California offers great job markets and weather, but comes with high costs.
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31 December 2024 | 20 replies
The government has tried it with section 8 and rent control in some cities , we all know the end result .You would be better off starting a jobs program teaching the trades , educating them on finances and work ethic and then rebuilding abandoned properties for them to buy
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6 January 2025 | 2 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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2 January 2025 | 4 replies
My goal is to continue to acquire more cash flowing rentals to eventually leave my day job and just self manage the rental properties.
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10 January 2025 | 18 replies
Get a stable income, job and start with going the simple route.
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8 January 2025 | 31 replies
I had to remind them a few times of deadlines but they did a good job overall.
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8 January 2025 | 4 replies
Over the past 6 months I've had one of my staff members a has done a fantastic job of building out a website and we have detailed every single property with professional pictures and all our financials.
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30 December 2024 | 6 replies
I recently toured a property in Phoenix where solar power and water-saving features cut operational costs by nearly 20%.6.
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6 January 2025 | 3 replies
Since I’m still in school I don’t have much money, I’m trying to learn as much as I can about real estate so that way once I get a job out of college and a steady income I’ll know what to do with my money.
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5 January 2025 | 5 replies
I do know managing more than 1 property is a tall task unless that is pretty much your job.