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29 October 2024 | 15 replies
If not what is the best way to reduce my tax payment to what it was originally and is it possible to prevent increases in the future?
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28 October 2024 | 40 replies
Run the numbers, check for cleaners and handy people availability, see what you can find to outfit the place locally, etc etc.You can, even today, still score a deal and do well with a STR.
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29 October 2024 | 6 replies
He was able to correct the county on one part of the law when they originally questioned the dates.
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26 October 2024 | 50 replies
(Hence why I am posting here, and all the feedback is appreciated :) ) I will be updating the original post, as some of you came up with really good questions.
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1 November 2024 | 18 replies
I originally thought this would be a low cost route to documenting the issues and alerting others.
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24 October 2024 | 13 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.
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29 October 2024 | 1 reply
Probably not the right property for a BRRR which I originally was thinking but could potentially be a good flip.
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1 November 2024 | 4 replies
In order to collect 3% in the scenario you presented, you'd need to amend your original buyer agreement.If your commission is 2.5% and the seller is paying 2%, you can structure the additional .5% into the purchase price. i.e.
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30 October 2024 | 13 replies
Originally posted by @Laticia Braxton:I agree with going with Buildium.
30 October 2024 | 94 replies
My credit score is 765 and I have the best credit history never missing a payment which will help me and my investments.Where can I find an investor to give me $50,000 to show the lender I have income and a down payment?