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6 December 2024 | 8 replies
That is why most of them just let us do our jobs.
2 December 2024 | 1 reply
If your student loans are only 3-5% interest, that's pretty good so I think it's okay to pay those off over time.It sounds like you're making good income with your current employer and there is room to grow, so I'd plan to stay with that job until you can pay your high interest loans off and save enough for a down payment for your first property.
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7 December 2024 | 150 replies
I was interested in both classes but as i have a full time job and young kids i wanted to see if there was any flexibility in when i could take the 2nd class, which was NOT offered in the Atlanta area.
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5 December 2024 | 7 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.
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27 November 2024 | 9 replies
I recently just added her to my credit so she can get a little boost in her score to help more with the process and yes with the low down payment I don't expect to live rent free but one can dream for now all I care about is owning the property cashflow will come later.
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2 December 2024 | 11 replies
That would be what I would profit on a build job, then the interest and closing costs and such would be paid by the person hiring me.
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3 December 2024 | 7 replies
I want to scale, but not sure how to develop my strategy.I have a $200k HELOC and excellent credit worthiness and high income from my day job.
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3 December 2024 | 4 replies
Even tough, I am in information overload right now and working a full-time job at night.
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12 December 2024 | 49 replies
Avoid.The majority of the Mexican developers are honest and do a great job but people need to do a proper due diligence, including knowing who they're dealing with.
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3 December 2024 | 5 replies
Any advise on adding washer/dryers is a plus I know routing new drains can be tricky when trying not to get to invasive on a "cosmetic" job.