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2 February 2025 | 7 replies
Lastly, they’re going to want a higher interest rate than they can get from the bank for taking the risk.
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22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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31 January 2025 | 8 replies
This may kill your cash flow due to high interests rates though. 2.
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16 January 2025 | 21 replies
At any rate it is possible, but depending on your appraisal it could be a gamble
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22 January 2025 | 5 replies
Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.
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6 January 2025 | 14 replies
Over the years, the lot rents for parks nationwide has increased at a faster rate.
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1 February 2025 | 3 replies
You will find rates all over the place just like with all insurance.
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20 January 2025 | 3 replies
Instead of evicting them, i was thinking is there some way that I could rent it back to him for very cheap (mainly to cover just the taxes/ insurance) ie 2k a year rather than the going rate of 2k a month for similar properties.
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10 January 2025 | 2 replies
While may not have high amount minimums, they may have a minimum $ threshold for cc processing, Ours is $0.60, with a discounted plan that could be a few as 8 records.
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4 January 2025 | 7 replies
Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.)