25 November 2024 | 14 replies
Use census and trend data to evaluate overall markets - population growth, age, job growth, industry diversification etc.
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18 November 2024 | 14 replies
Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.
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22 November 2024 | 7 replies
Maximizing Deductions: You can still claim tax deductions (mileage, repairs, management time, etc.) on both properties as long as they’re legitimately related to rental activity, even if one isn’t in an LLC.
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22 November 2024 | 5 replies
My county has no zoning and I am relatively close to one small lake (3 minutes) and close to 2 big lakes (15 minutes to each big lake).
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27 November 2024 | 15 replies
Or you moved or you're helping a relative who lives in the area of the storage location.Summary:Although most discussions surround a 1 to 3 mile radius.
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21 November 2024 | 7 replies
Quote from @Briant Rivera Arroyo: Hello everyone, I'm relatively new to the Real Estate scene, I've done some research and have concluded I am interested in wholesale to begin my journey.
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1 December 2024 | 91 replies
Last many years has been age of adoption, not innovation.
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21 November 2024 | 20 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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22 November 2024 | 12 replies
Get with your agent and ask all the questions related to their experiences with flood claims and what you could expect.