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23 January 2025 | 20 replies
When was the last time my coach/mentor/instructor personally closed a deal?
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12 January 2025 | 8 replies
I just bought a lovely 8 unit last April that had been horribly neglected but have turned it around and done some cosmetic renovations and increased rents.
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11 January 2025 | 0 replies
The new figures indicate Texas is still in the midst of a population boom, with the state adding over 2 million new residents since 2020 when the last official decennial census took place.
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9 January 2025 | 10 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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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31 December 2024 | 4 replies
The foundation was already approved, permitted and finaled years ago for a 3400 sf house, and its solid and I won't be building directly on the overhang edge; but rather back away from the edge a few feet to prevent any load issues all the weight will be on the longer sides of the existing footing.
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2 January 2025 | 53 replies
Sell at a slight loss.
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18 January 2025 | 18 replies
In LA, my last vacancy was about a week.The hardest part honestly is understanding the laws and dealing with the tenants around it.
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16 January 2025 | 13 replies
Lastly, I'm having a bit of an issue with PriceLabs base rate pricing accordingly for far out stays vs. closer stays (e.g.
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6 January 2025 | 7 replies
It will be a lot of hard work for little to no pay (or loss) until you hit a point that will be long and hard.
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19 January 2025 | 56 replies
I have found address over the last couple of years in Ca, Co, Mi, Wy and NJ and Az.