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15 January 2025 | 24 replies
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.
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27 January 2025 | 29 replies
In many ways those who want this probably would do better in a job than in an entrepreneurial role.And that's with regards to good coaching programs.
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9 January 2025 | 21 replies
BP has done such a great job of promoting SFR investing to the masses, that those masses have pushed up real estate prices to where it's now DIFFICULT to cashflow right away.Keep going, but understand you won't get rich in real estate overnight - it's a long-term wealth building strategy.For the short-term, recommend joining a few in-person investor meetings if possible, otherwise online ones.
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15 January 2025 | 12 replies
Tampa, Riverview, and Wesley Chapel are booming for BRRRR and long-term rentals due to job growth and population demand, while St.
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27 January 2025 | 35 replies
For example they only buy land and build in land lord friendly states.Before they buy land to build on, they thoroughly analyze key market indicators such as population growth, occupancy rates, job growth, and even prioritize top school districts.
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6 January 2025 | 5 replies
While the co-signers add some security, the family’s newness to the U.S. and uncertain job situation make them a higher risk overall.
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6 January 2025 | 5 replies
I'm a small business owner and my partner has a corporate job.
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6 January 2025 | 28 replies
A common scenario would be to pay a penalty if you sell within the first 5 years starting at 5% if you sell in the 1st year down to 1% in the 5th year.
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8 January 2025 | 5 replies
You should take a job for the education and not the money.
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2 January 2025 | 13 replies
Just use common sense.When you get a request that asks if it is available when a quick look at the calendar or the inquiry show it is available then you should be on the look out.