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3 December 2024 | 3 replies
We have many accounts to cover my day job, our properties and our personal finance.
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2 December 2024 | 2 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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3 December 2024 | 3 replies
You'll have a deposit and you can file a claim for anything not covered.
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6 December 2024 | 45 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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3 December 2024 | 7 replies
But these days, it’s hard to find decent properties where the numbers work as far as covering the debt service with rental income.
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6 December 2024 | 21 replies
@Sebastian BennettSpecial Method Training Programs focus on a specific strategy, providing structure but not covering all questions or decisions as you grow your investments.
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2 December 2024 | 4 replies
Quote from @Tika Sanyasi: @Aristotle Kumpis: I was thinking of being the landlord and managing myself but, was wondering if the distance is too much to cover to do that.
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5 December 2024 | 6 replies
Using your example:ARV = $250K75% of ARV = $187.5KSo, theoretically, you could refinance up to $187.5K, which would cover your $150K (purchase + reno costs) and leave $37.5K in equity.
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2 December 2024 | 3 replies
NOTE: A lower OER indicates a more profitable property as a larger portion of the income is retained after covering operating costs.Hope that helps!
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23 November 2024 | 15 replies
The problem is that you have to accept the dog but the insurance carriers do not cover bites from Pitbull's.