
2 January 2025 | 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.

3 January 2025 | 42 replies
Marie, Please keep in mind that when you see people referencing with these funds it's because they are invested in these funds, bought the sales pitch hook, line and sinker and are being told by the operator, "don't worry about the market, we're experienced and conservative so you'll get all your money back and a tidy profit.

15 January 2025 | 18 replies
And following this convoluted rabbit hole calculate what kind of property you would need to exceed the profit level you have right now.

8 January 2025 | 8 replies
And would this be considered "capital gains" since it's re-sold under 1-year therefore having to pay a large % of tax on the profit?

26 December 2024 | 18 replies
I can't see but maybe the wooden piers are sitting on sonotube concrete piers embedded in the ground which might change things.What I would do is get with a few major local lenders and maybe ask them what they would need to make sure the little studios (that is what I would call them, not yurts) are maximized for value.

7 January 2025 | 2 replies
Make sure both parties fully understand and agree on:How profits/losses will be split Who is responsible for what (e.g., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.

3 January 2025 | 7 replies
@Alex Hymanson you should read the book...Storing Up Profits.

9 January 2025 | 18 replies
If you are consistent with these action items you will avoid most claims, your business will be more profitable, operate more efficiently and if a claim were to arise you will have all your ducks in a row.

6 January 2025 | 15 replies
The NAR settlement was ridiculous and has only forced agents to do more paperwork and disclosures, but the vast majority of us are still working the same way.The law requires the agent to sign an agreement with you.

14 January 2025 | 8 replies
the profit is far less than I typically achieve but this is an awesome cabin (it was owned by a country music star in the past).