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2 January 2025 | 14 replies
Year 1, I intend to keep my W2 job while i work to get my small business going.
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23 December 2024 | 14 replies
Many first time investors don't realize that by getting into the management they are getting another job.
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3 January 2025 | 7 replies
If you like your job, and your goal is to create long term wealth through equity then keep the property, fix it up over time, and in the future you will be able to rent it out for profit.
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28 December 2024 | 13 replies
Push forward with your eviction and cut your losses.
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4 January 2025 | 26 replies
In my day job I’m an ops professional who manages a tech stack and efficiency is important.
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2 January 2025 | 10 replies
It's your job to create a buffer between the tenants before they start fighting as well.
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4 January 2025 | 14 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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5 January 2025 | 18 replies
All the posts do a good job of highlighting the importance of a long term view when acquiring property.
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27 December 2024 | 8 replies
This also cuts down on the crazies.
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27 December 2024 | 13 replies
This will cut down significantly on the issues you may have down the road with communication, paying rent on time, caring for property, etc.