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30 September 2024 | 1 reply
I have used Proper for my STRs, Obie for one big STR.
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1 October 2024 | 9 replies
If this person holds a sales license, I’d report it to the proper authorities.
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30 September 2024 | 7 replies
Shoot me a PM as I will need to get a bit more info from you to vet this deal properly.
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30 September 2024 | 6 replies
We have strict criteria and only buy if we can properly segment risk.
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7 October 2024 | 190 replies
On that basis, you decide what the proper allocation is for you.
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1 October 2024 | 9 replies
Many flippers use private investors to fund deals, and structuring the arrangement properly is key to ensuring both sides feel secure.When pitching a private investor, the most important thing is to clearly present the deal.
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30 September 2024 | 15 replies
Looking outside the city proper (Las Colinas, The Colony, Frisco, etc…up around where Universal is going in).
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1 October 2024 | 5 replies
In a lot of cases, there was a drainage system installed but it was not properly maintained and therefore doesn't work.
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30 September 2024 | 10 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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1 October 2024 | 2 replies
We have never lost a single case in court, and most cases don’t make it to court because the offending tenants know that we have well-documented evidence and understand the proper procedures to prevail.