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26 September 2024 | 10 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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2 October 2024 | 71 replies
Every market is different, skills are different, location matters, proper due diligence matters and your individual lifestyle even matters.There are millionaires who live very humble lives and you would never know they were wealthy.
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27 September 2024 | 11 replies
That would be a maintenance bill for the tenant if they did not use the disposal properly.
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25 September 2024 | 2 replies
First, are the current unsubsidized tenants paying properly?
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20 September 2024 | 2 replies
What brand/manufacturer do investors typically prefer for new manufactured homes?
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27 September 2024 | 44 replies
I only own one property and am just looking for a RE attorney to help me with the proper entity structure (again, as a one time thing) to protect my assets.
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26 September 2024 | 10 replies
When structured properly it can come with a property tax deduction and sometimes deferral DM me if you’re still looking for assistance with land trust formations
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24 September 2024 | 4 replies
There is positive population growth, tech and manufacturing (Tesla, Google, Apple) moving to the area, and low property taxes.
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27 September 2024 | 13 replies
If you're co-mingling your finances, you will have negated any liability protection a proper corporate entity structure could provide.
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27 September 2024 | 15 replies
It was worth every penny because now I’m properly organized and it significantly cut down the amount of time it took my accountant to prepare my taxes.