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17 October 2024 | 8 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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19 October 2024 | 5 replies
What plan does the buyer have in place for set backs such as real estate market down turn, major repairs etc.
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18 October 2024 | 7 replies
The majority of the people in your database will not buy/sell a property this year.
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17 October 2024 | 9 replies
For clarification I actually intend to live in this property for the majority of the year.
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19 October 2024 | 25 replies
You can also look at our major highway systems and in places like boston they are leasing air rights over major highways for building as well.
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18 October 2024 | 12 replies
I as as business major in college decided to start a business combining our skills.
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18 October 2024 | 29 replies
@Brandon Gale other than a destructive guest, this is the worst part of hosting.I've devised a guest feedback system ("Review Intercept") that I'd be happy to show you.The concept is to intercept reviews by surveying guests upon check-out.
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24 October 2024 | 36 replies
We kind of stumbled into it and keep stumbling as we go but not having a plan or framework for business is a major concern.
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18 October 2024 | 2 replies
@Nathen Strife While you live there, zoning likely won't be a major issue.
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19 October 2024 | 14 replies
Majority of the population is here for U of I and the hospital, Carle.