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27 September 2024 | 13 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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24 September 2024 | 14 replies
Make sure you do it in writing and give them the proper notice.
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24 September 2024 | 16 replies
There are also some good videos on youtube on how to use it properly.
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25 September 2024 | 8 replies
I’ve lost confidence in knowing that my affairs have not been handled properly and have yet to sign a new contract.
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23 September 2024 | 3 replies
According to them, they are the only company that knows how to properly do business taxes. :)
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24 September 2024 | 9 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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25 September 2024 | 13 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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25 September 2024 | 17 replies
I did get one and it has properly organized my books and it sped up the tax preparation process.
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23 September 2024 | 10 replies
RENO properly I have posted on this and Instagra, /tik tok videos as well.
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24 September 2024 | 4 replies
Did I properly estimate the cash not only to buy the property but also the six month reserve funds that some lenders are requiring for non owner occupied units?