12 September 2024 | 9 replies
Out of those 6, If I can't get at least 2 people to talk to me or I get any negative feedback from anyone, it's a pass.Finally, no matter how good/bad the credit any collections related to housing (except cable company).
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13 September 2024 | 10 replies
Its complicated and if you violate any of the IRS guidelines it will negate the 1031.
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16 September 2024 | 35 replies
His knowledge and expertise in the field are unmatched, and he has a knack for breaking down complex concepts into easily understandable terms.
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18 September 2024 | 35 replies
i don't think that's the case right now.I think turnkey is a good option if you have significant liquid capital, want to buy in a solid market in a solid area, couldn't care less about cash flow for 10+ years and are even willing to be negative, and are willing to pay for repairs and capex without batting an eye.
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13 September 2024 | 8 replies
Most are negative except the google reviews that seem fake.
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11 September 2024 | 7 replies
So go find that local person who teaches cheap classes, or provides a 1hr overview at a local REIA.Read the book the 16% solution for a general overview of concepts and ideas.
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14 September 2024 | 12 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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11 September 2024 | 8 replies
Also, many properties are still occupied which is another huge negative.
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16 September 2024 | 40 replies
Making your investors feel safer, syndications require a government-regulated private placement memorandum (PPM), which spells out how the investment is being set up and the returns and risks involved.On the negative side, real estate syndications are expensive and complicated with quite a learning curve.
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12 September 2024 | 21 replies
Under what concept can you file a pay or quit notice when the rents not late?