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6 January 2025 | 4 replies
Learning from agents commonly working with investors is your next opportunity to find a mentor.To be honest, I wouldn't try to find a mentor from random investors on the internet.
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4 January 2025 | 14 replies
Trying to scale is a RISK proposition.
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17 January 2025 | 37 replies
The loan officer should be asking you about the title company you are using for the title search and the closing.The scammer is going to try and explain away some upfront fee of $300 to get the ball rolling.
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9 January 2025 | 14 replies
I have a son in a similar situation, he went 6 months trying to get decent work and had other issues.
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7 January 2025 | 5 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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10 February 2025 | 25 replies
The problem with trying to invest $500,000 is you really can't use the same strategies you use with $50,000 and be effective.When I was buying SF houses I could buy them (using hard money) for $25K out of pocket.
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2 January 2025 | 12 replies
You could try to chat with some people on campus and maybe even set some flyers up in or around the stadium.
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9 January 2025 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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3 January 2025 | 19 replies
Unpopular opinion since I know you're trying to buy the next property, but keeping your equity in a deal is gold.
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9 January 2025 | 9 replies
I have been investing for 4 years and have tried both local and national banks and haven't had any experiences to write home about.