Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
My last few BRRRRs I ended up with negative equity, even though after a full gut rehab, still worth it in a market full of old houses.
Yolanda Mestas
anyone have experience with 212 Loans in Texas
22 January 2025 | 14 replies
has anyone had positive/negative results in dealing with a company called 212 Loans?
Susana Alcorta
New to RE living in Austin TX area and about to move to Protland OR!
17 January 2025 | 6 replies
Additionally, the fact you might be negative cash flow in Texas will give you more flexibility by renting in Portland.
Chris Core
Everything needed to start, can't find a cash flowing property.
8 February 2025 | 13 replies
If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.This is what all investors did BEFORE the Great Real Estate Crash of 2008-2010.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
I predict that the guys who are fully leveraged and cash flowing $100 per month will be motivated sellers when the next big correction happens.actually its either them or they walk and its their lenders selling that is what happened in that time period.. and was pronounced in certain markets.for me personally I don't want to risk my credit and finances and borrow 75k to make 1200 a year... or even 2400 a year if its a market that has a history of no appreciation and I don't feel there is going to be any significant appreciation.. 2 to 3% a year does not cut it.but I will take 500 a month negative or 10k a month negative if I think there are huge gains at the other end..
Cindy Shiblie
Thoughts on investing in Little Rock
22 January 2025 | 9 replies
Does anyone have any positive or negative experiences?
Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
23 January 2025 | 8 replies
So eventually this negative cash flow property becomes cash flow positive and pays for itself including property taxes, hoa, mortgage etc.Trying to calculate how bad is my investment here or should i sell out if there is appreciation
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
When I ask for clarification, I only get vague responses.I’d really like to hear if others have gone through similar experiences with AppFolio.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
When I checked their reviews, I first started with the negatives ones and they were similar to the ones found on Reddit.