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11 September 2024 | 2 replies
These things can be accounted for with proper due diligence!
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13 September 2024 | 20 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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15 September 2024 | 22 replies
Can anyone please direct me into the proper direction/s.
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13 September 2024 | 16 replies
I do personally think that Section 8 can be a great investment if tenants are screened properly.
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14 September 2024 | 26 replies
That's where pricing comes in, if the property isn't priced properly, it won't get booked - and it will disappear in the rankings.3.
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15 September 2024 | 18 replies
I wouldn’t buy a property from my mom without proper title insurance.
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11 September 2024 | 17 replies
Houses are still selling as hot cakes with 30 days on market if priced properly and inventory that has been the same for the last 8 months (new in, old out), so be ready to be very clear on where to focus your search.
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12 September 2024 | 6 replies
A proper sewer inspection is critical to avoid future plumbing disasters.
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9 September 2024 | 6 replies
(I don't give much weight to online reviews especially when most of the reviewers each have a history of only a couple of reviews.)The other guy is the estimator for a 25-year roofing company; I think they're more credible but you're probably right about them being more picky about everything.
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13 September 2024 | 50 replies
If you want to properly protect yourself, use layered insurance when you start.