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5 December 2024 | 8 replies
The key question here is whether you’re comfortable with a relatively low initial cash-out and whether the property’s long-term cash flow makes up for that.Since your goal is portfolio-building, the BRRRR method could work, but the numbers have to make sense for you.
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27 November 2024 | 8 replies
.- We have busy but well paying jobs and don't like to spend time in building sweat equity (BRRR, flip), so will take a slightly low maintenance approach and buy relatively newer properties in B class neighborhoods and use property management for day-to-day operations.Goal:- To get to $10K/month net profits with real-estate (today's currency) in 15 years when we plan to retire.
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4 December 2024 | 30 replies
We offer over 120 categories that are real estate related and periodically add more based on customer requests.
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7 December 2024 | 18 replies
The judge in charge of the case was accused of secretly having sexual relations with an attorney arguing a case before her and was suspended while under investigation.
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29 November 2024 | 2 replies
Quote from @Steven Roil: Hello all, I am new to the site,. and tried using the forums to search for E2 Visa related questions but couldn't find much.
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1 December 2024 | 25 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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2 December 2024 | 14 replies
. - PRO TIP: many builders lose their license then create new company in name of wife or other relative/friend.2) Check Better Business Bureau, but don't assume all the complaints are legit. - If there area MANY, then that is a problem.
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6 December 2024 | 12 replies
Hey Brent,Sorry for the delay in this, I haven't been back in a little bit and just saw this question.Detention is not related to floodplain.
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3 December 2024 | 10 replies
Relative?
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4 December 2024 | 7 replies
Maybe a family in your area has a relative that would like to rent nearby but who doesn't think now is a good time to buy in this current housing market.You might even find someone who likes to target practice if that's a safe activity in your area.