Elizabeth Rose
Philadelphia rowhome stucco water intrusion - possible negligence by city
20 September 2024 | 14 replies
The exposed walls certainly need to be properly insulated and sealed.
Ellen Feiss
Advice on dealing with inherited tenants
19 September 2024 | 6 replies
If you anticipate a possible fight, it's best to do things properly from the start.Certified mail in itself is not a panacea, in fact IIRC most of the relevant statutes say first class (i.e., "regular") mail - but it has to be sent under certain timelines.
Santiago Goytia Zamora
Sell by owner
19 September 2024 | 3 replies
They're the intermediaries for a reason... they don't record the deed until the funds and all of the documents are properly filled out.
Tyler Brewer
STR insurance in Blue Ridge GA
18 September 2024 | 6 replies
Not specific to Blue Ridge, but in CO I just used Steadily as they were able to cover the brush fire restrictions I found that stopped Proper and others.
Shrikant Kakani
Not sure where to start my investing journey
20 September 2024 | 24 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+, 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, 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.
Jon D.
New to real estate investing, looking to learn
20 September 2024 | 15 replies
i say this not to discourage you from investing, but to help set your expectations properly.
Matthew Irish-Jones
Cash is NOT King... in Real Estate Investing
21 September 2024 | 69 replies
It takes market knowledge, construction knowledge, proper analysis, financial relationships, rent projections, property management knowledge, and a whole list of other things that are only gained through experience.
Joey Sabatini
Next best step to early retirement
20 September 2024 | 7 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.
Henry Bagh
Need a Property Manager in Cleveland (Section 8)
18 September 2024 | 5 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Cj Powderhorn
Typical time between tenants
22 September 2024 | 13 replies
The likely scenario is that your PM is not very good or lazy and held it because they don't know how to market properly.