
11 January 2025 | 6 replies
It all depends on your location and service.

14 January 2025 | 9 replies
The members here on BP that talk about STR auto-run systems didn't install those systems and find dependable cleaners & handymen overnight.

12 January 2025 | 5 replies
I have great lenders and property managers I can refer you to.In Cleveland, it all depends on what your goal is.

12 January 2025 | 10 replies
I think it depends on the appraiser.

2 January 2025 | 13 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.

17 January 2025 | 12 replies
Because we are dependant, for the most part, on word of mouth recommendations it is vital that our recommendations are valid.

14 January 2025 | 3 replies
Alternatively, I have spent the last decade doing technical work in cybersecurity, and can land a job between $140k-$190k (depending on where in the US).

12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!

11 January 2025 | 14 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

16 January 2025 | 10 replies
It will depend on where you are doing your deals and what the liability is that follows you after a sale.