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25 February 2025 | 6 replies
Quote from @Kurtis Carriere: Im looking at relocating myself and my funds to the DFW area after completion of this property and will have aprox 500k USD but looking to only use 300 of it to as investable capital.i feel like that should be a good amount so that way i would have funding issues due to lack of american credit history.
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25 January 2025 | 12 replies
Personally I would want to manage the rental myself at least in the beginning to make sure you get good ratings.
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16 February 2025 | 8 replies
There's so much good info here.
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29 January 2025 | 10 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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24 January 2025 | 11 replies
If you're in it for the long run you'll learn that management makes a good investment into a great investment.
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26 February 2025 | 11 replies
If there's anyone who can offer me some advice on the best way to get started with no capital but good credit, that would be great.