We want to push that number higher.Redfin  reports an NPS of +50 , reporting that it’s score is “...50% higher than competing brokerages.”Only 1.2% of customers have left a negative review. 

---------------------Let’s say I know of an industrial property with a few tenants that is negatively cash flowing due to a combination of mismanagement and below market rents.

Others were much more diligent in this aspect and required Letters from your CPA ( which is how my few syndicated investments went).

Borrowing from the equity must be done wisely, or you will end up with negative cash flow and be at high risk due to over-leveraging.NOTE: I use interest rates much lower than they currently are in 2024!

Short term or midterm rentals (under 30 days) can also limit your exposure to the negatives of California's tenant laws. 

Data geeks like me get into this stuff, but often find it consumes time and has little or actually negative economic value if your manager is already doing it.

And the fact that I've known this wholesaler for quite sometime outside of the business aspect still has me believe there were no fraudulent or misleading practices done here.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

My question is would it make sense to save for down payment for another primary residence and rent this home out with negative cash flow to get into the REI game.