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8 October 2024 | 6 replies
For a couple hosts/owners it's a major revenue loss!
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13 October 2024 | 6 replies
I’m a new investor in FL and seem to have just invested in time for a major Hurricane to hit directly :( any advice is much appreciated!
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17 October 2024 | 20 replies
Now this is not to say there are not good wholesalers out there, but I would say majority I have spoken with are not experienced and did not add any value.
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4 October 2024 | 3 replies
In the lease agreement we have, there is a section for "Destruction of Premise".
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14 October 2024 | 20 replies
Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median home value is not even in the top 3.
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16 October 2024 | 13 replies
I do well in this arena but the vast majority dont have the skill set to navigate it.
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12 October 2024 | 6 replies
The deal is there a lot less demand out there than Dallas or Austin or any major city in Texas.
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15 October 2024 | 26 replies
major income and/or cash flow?
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11 October 2024 | 8 replies
I purchase properties in need of work and put sweat equity into them by doing a majority of repairs myself and then follow BRRR strategy.
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12 October 2024 | 25 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.