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6 January 2025 | 77 replies
It really seems like the forums have been off for the last few months I've been reading them.
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2 January 2025 | 1 reply
I asked the GC as part of the conditional last $20k payment to transfer the title to me after his mortgage note default since I'd paid him $40k in good faith for work reportedly completed but needed rework.3.)
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4 January 2025 | 18 replies
However, in the last couple of years, GLVAR modified their PM agreement to include an option for PMs to collect fees while the property is vacant.
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4 January 2025 | 5 replies
STR and Oceanside may have some restrictions last I checked, I would look deeper into that.
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5 January 2025 | 33 replies
In a last ditch effort I sold my personal home and made about $200k from the equity.
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3 January 2025 | 40 replies
I have very rarely sold a property over the last 35 years and the income properties I hold now cash flow very well with not to much effort involved.
1 January 2025 | 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+ (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.
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6 January 2025 | 13 replies
Lastly, don’t rush—focus on properties in good locations and with solid potential for both income and appreciation.
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9 January 2025 | 14 replies
BK is a last resort and I would not recommend it for only $10k, but every situation is different.
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1 January 2025 | 32 replies
I have a PO Box that i used for that purpose and any other business mail but since converting to ACH i am not sure when its the last time I went by the post office.