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1 November 2024 | 8 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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29 October 2024 | 4 replies
We just installed an AI text & dialing system which can handle real phone conversations and book meetings into a calendar.
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5 November 2024 | 34 replies
Bear in mind, you will have to tweak these numbers based on what you think are proper estimates.
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30 October 2024 | 2 replies
But without the proper education it's pretty much a waste of time.
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31 October 2024 | 5 replies
We are Canadians and we invest in Detroit with proper caution it is a great investment location and we are more the willing to share what we do with anyone who wants to chat
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29 October 2024 | 5 replies
I'll then take a picture of it in their hands so I have proof it was provided.Make sure to have new locks installed the day the key transfer happens.
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31 October 2024 | 6 replies
He installs our water heaters for $260 + the tank.
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8 November 2024 | 53 replies
Hell when you pull back the curtain most people would be shocked to realize that all those prim and proper super nice 50 year old lady Realtors that seem so nice; those ladies are some of the most cut throat sharks in the game.
1 November 2024 | 11 replies
Husband and I are researching which strategy would be best for us to get into our first investment property--whether that be renting our current SFH and moving to a new primary family home, or purchasing another proper to rent or flip.
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30 October 2024 | 18 replies
Go to real estate investor meetups and spend time talking with other investors than salivating at scaling without the proper foundation.