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5 January 2025 | 17 replies
the storage thing is pretty common, seen several grocery stores turned into that.
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31 December 2024 | 57 replies
It's your job as a landlord to respond to these things in a professional manner.
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9 January 2025 | 10 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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8 January 2025 | 5 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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10 January 2025 | 20 replies
The most common asset type was commercial multis 7-10 units.
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7 January 2025 | 6 replies
It is an awesome system and does everything for single and multi family management, makes our difficult job so much easier.
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4 January 2025 | 9 replies
My main goal is it be able to retire at age 40 from my main job and work entirely on my real estate portfolio.
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6 January 2025 | 8 replies
The technicals (migration rates, job growth, tax situation, debt cost, etc) to work as well.
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7 January 2025 | 5 replies
(My next visit being Jan 22 - Feb 4)My full time job...
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7 January 2025 | 5 replies
The job market is tight here in Lake County right now.