The home you saw listed with the $339 HOA are the townhouses that were built last year.

Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I've spent the last 3 years nagging the city to sell me a lot next to my property so I can install a driveway and they've finally agreed.

Done in 15 min.Tenant: Has paid on time over last 1.5 years.

Have you taken the time to sit down and reflect on last year and how you did compared to the goals you set for yourself in 2024?

Since the last time I was online, I have grown the investing to fix and flipping and a portfolio of 4 properties that are producing passive income.  

And last but not least, I would absolutely and totally avoid HOA-based properties.

Moved July 31 2023Renters lease expires 2/2025Must have lived 2 of last 5 to avoid cap gains if sold.I’d rather not sign a new lease and go month to month but they’ll push for it.

With that said, I have personally seen a lot of activity in the last two weeks.

(Note: That's a correction to last night's number which I re-used in error today.