25 November 2024 | 14 replies
I also feel like it is pretty beginner friendly in the sense that no cashflow or even slightly negative cashflow still provides opportunity through equity gain.
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26 November 2024 | 44 replies
Negative...Owns a part of a trailer park, which accounts for 85% of "his" 22 doors, then some 60k houses.
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23 November 2024 | 38 replies
Financially speaking the issue is that deferred capex will exceed cash flow over time.
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21 November 2024 | 11 replies
It’s hard to find a lot of negative reviews as they’ve gotten Reddit threads removed and pour in fake reviews on sites from employees, family members etc. it’s not that hard to do a quick google search and see.
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19 November 2024 | 24 replies
And I'm speaking as a Contractor....
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21 November 2024 | 20 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.
21 November 2024 | 8 replies
Obviously, that does not apply to every single market on the Caribbean, but generally speaking, it does.Cheers!
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19 November 2024 | 1 reply
While the specifics aren’t fully transparent, consistent negative feedback could impact a listing's visibility.
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25 November 2024 | 32 replies
Generally speaking of course.
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21 November 2024 | 2 replies
@Shivani Brijmohan, while I cannot speak to NY, I will say in general:You should know how the property will be reassessed when you buy the property.