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6 January 2025 | 6 replies
Most work with us, some do not.Be careful also as they may tell you to keep their security deposit as last month's rent.
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7 January 2025 | 8 replies
But, my answers are based on my actual experience being a real estate investor for the last 12+ years.I am 41 years old and currently own 160 units.
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13 January 2025 | 15 replies
Don't pay any other fees.Fix-and-flip loans will typically last from 6-24 months, with 12 months probably being the most common.
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13 January 2025 | 23 replies
That last one lets him know when it's time for a drain and refill.
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4 January 2025 | 35 replies
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.
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6 January 2025 | 1 reply
I've been in the investment space almost 9 years now, and been actively investing in flips myself, the last year.
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5 January 2025 | 0 replies
Purchased my 1st rental property last year in Cleveland, a 2unit MFH with 10beds between the 2 units.
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9 January 2025 | 15 replies
Pricing tools that exist on the market are decent, but you also need to know how to control it, otherwise, it will go nuts with unrealistic rates far out and extreme last-minute discounts.
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7 January 2025 | 8 replies
Lastly, they like building relationships.
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8 January 2025 | 13 replies
That is usually the last time I work with them.