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23 October 2024 | 6 replies
I totally agree, so many properties there are new and beautiful that there needs to be *something* to really stand outYou make a really good point re: no plan B, and in general I’ve seen the home values in that market depreciating (assuming because of the boom / growth in supply in the last couple years).I might be wrong here but I assumed that a general trade off between vacation market and metro areas would generally be that strs in vacation markets don’t really have a plan BI’m pretty split at the moment, but really appreciate your thoughts
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22 October 2024 | 5 replies
There is essentially a black/stainless steel stove.
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19 October 2024 | 16 replies
yeah, down in Panama city beach, most places have something similar, charging for parking and you get wrist bands for your stay too, and that is all handled by the complex.
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23 October 2024 | 11 replies
But of course if something is found they may band together.
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20 October 2024 | 10 replies
I'll be interested to learn how those might be different or better than the ones I'm looking at in b and c zips.
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16 October 2024 | 1 reply
Steel site.
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17 October 2024 | 5 replies
Could you merge LLC-B and LLC-A before the sales process and do a cleaner exchange?
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16 October 2024 | 6 replies
I can show you top class A, B, and C markets if you have interest.
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15 October 2024 | 6 replies
Spans more than 13' may need a steel I-beam and bearing posts.
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14 October 2024 | 8 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.