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6 January 2025 | 77 replies
There was one where something on syndications and the person was saying how great a specific way to do things was - I called them out and said of course you are gonna say that as your company is a software company that does that.
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13 January 2025 | 5 replies
If you ever decide you want a more passive approach, there are turnkey companies out there that handle everything for you.
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23 January 2025 | 10 replies
First, it fast-tracks your learning as an investor - you are forced to develop better time management skills, build your network of reliable contractors/ handymen, etc..Second, when you are ready to transition to a property manager, you are well equipped to evaluate and hire the right company.3.
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8 January 2025 | 11 replies
I can put up with a 1-hour work commute or a little more if it means having a house in a decently safe area.Other Info:Credit Score: 700s (due to student loan payments)Monthly Income: $4600Work Location: I commute to Northern Virginia and D.CGuys, I could really use your help or recommendations on what you would do if you were in my situation:Location: I'm thinking somewhere in PG County MD due to my commute, like Hyattsville MD.
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7 January 2025 | 5 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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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12 January 2025 | 8 replies
Do you guys think there will be regulations that will be created around this that might affect those companies, or worse smaller businesses?
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31 January 2025 | 121 replies
We're still using the company she recommended.
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6 January 2025 | 6 replies
I agree with Collin.The Smokies do have a lot of competition, so you need to have a view, decent location, good to great amenities etc to stand out.We have a 6-bedroom cabin there, but I imagine a 3 to 4 bedroom would be in the sweet spot of not too big or not too small.
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17 January 2025 | 6 replies
However, after he saw the quantity of ADU applications come across his desk to plan check he went out and started his own consulting company.
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12 January 2025 | 12 replies
The only information I had to go on was with the last Lender informed me so maybe it was specific to the company they were with.