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6 January 2025 | 2 replies
There's a lot for nuances to the strategy than what I typed out, but this should help you get started.
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9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
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9 January 2025 | 44 replies
Buy quality assets with NON section 8 tenants that have 700 fico scores thats safe bet in the US> And what I do ..
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26 December 2024 | 7 replies
You might appreciate, but most people who do this, have no strategy and also no oversight so things go wrong and they never know.
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9 January 2025 | 28 replies
You can just answer it without the jazz, and I bet you know a few places right off top of head where people WANT to live, right.
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6 January 2025 | 11 replies
As a side note, my wife and I work full time and are looking at strategies that are less time intensive.
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7 January 2025 | 3 replies
Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.
8 January 2025 | 3 replies
@Mohamad Guene Investing in mobile homes near a university can be a profitable strategy due to affordability, high demand, and strong cash flow potential.
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29 December 2024 | 5 replies
They can serve the initial notice to vacate but the actual court filing needs to come from you as the owner or through an attorney.Given you're out of state, working with a local eviction attorney is definitely your best bet here.
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27 January 2025 | 48 replies
This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.