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25 September 2024 | 6 replies
When starting out, I think you should at least be able to get to your property several times within the first couple of years to en reasonable amousure everything is set up and functioning properly.
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27 September 2024 | 1 reply
An existing kitchen layout might work well for adding a dishwsher or microwave hood for example allowing it to be made functionally modern without a major rehab.
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27 September 2024 | 18 replies
Thank youGustavoYour first mistake was setting this up before getting the proper cross border tax advice.
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30 September 2024 | 9 replies
The use of actual cost records in this approach contributes to the overall accuracy of cost allocations, although issues may still arise as to the proper classification of specific assets.
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28 September 2024 | 9 replies
@Hilda Cervantes PMC and agent are all you really need.They can both find handymen for repairs, just make sure they are properly licensed and insured.
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30 September 2024 | 26 replies
I, like many others, was VERY skeptical about buying a franchise until I had completed the proper due diligence.I'm very happy with my decision to buy a franchise.
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27 September 2024 | 8 replies
Another route would be a home equity loan, which functions like a second mortgage, providing you with a lump sum at a fixed rate and payments.Each option depends on your goals and the terms offered, so it's important to evaluate which fits your situation best.
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24 September 2024 | 12 replies
Update to my Left Main experience-- five months after they denied me a refund to my purchase, the CRM is still not set up properly.
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27 September 2024 | 2 replies
@Audrey Harrell if a wholesaler actually has a property at a good price and prsents it the proper way, they can advertise it alnost anywhere and buyers will find it!
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28 September 2024 | 4 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.