
16 October 2024 | 8 replies
Legally they are probably allowed to show whenever they want with proper notice.

17 October 2024 | 7 replies
If you are leaning towards using a property manager or think you may at some point, just make sure you budget for that in your analysis so that your cash flow figures are taking that potential expense into account.Since this would only be your first property, I don't think you need a professional hiring firm--it would probably be more beneficial for you to do the interviewing yourself to be sure that you set expectations properly, are aligned, and can work well together.

15 October 2024 | 10 replies
If you want to do postcards, DealMachine has a way that you can send post cards directly from the app/site.

18 October 2024 | 8 replies
The key factor is ensuring you have proper documentation to support all the transactions, deductions, and income reported.

13 October 2024 | 24 replies
I was turned down by all of the companies that are often mentioned here (Proper, Steadily, Foremost, American Modern) and many others.
18 October 2024 | 34 replies
the reality is you have negative cash flow when properly estimating the expenses on the 3 rentals (no way 3 rentals have $1300/month maintenance/cap ex, pm, vacancy, and misc total (basically $433 per property).

16 October 2024 | 3 replies
Do you have consumer debt (car notes, credit cards, etc.)?

17 October 2024 | 8 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.

16 October 2024 | 5 replies
I know it may cost up, but they will be able to add the proper verbiage/guarantees/escalations/protections that you may miss, and they will market it for you as well.The you have this lease available for you to use in the future.Gino

20 October 2024 | 8 replies
Highlight the benefits of conventional financing or cash offers, and ensure that the cesspool is properly disclosed.### 2.