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25 January 2025 | 8 replies
I tried FB ads, and got some inquiries but no bookings.It would be nice to have an AI program that would respond to people looking for a certain sized property in your location for certain dates.
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22 January 2025 | 10 replies
The power company supplied and installed the new meters (at no charge, at least not yet) and verified all the work around the 4 gang meter pan was done up to their standards.
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20 January 2025 | 1 reply
In the assets I am considering - the seller is typically selling because they no longer have the time or energy.
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28 January 2025 | 12 replies
Chris, No sarcasm or condescension intended.
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20 January 2025 | 14 replies
Quote from @Erick Pena: Hi everyone,I’m new to real estate investing and just finished reading Brandon’s book on investing with no money down.
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20 January 2025 | 15 replies
As of now, I'm still up in the air...no major results to justify an overwhelming positive review yet. lol
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22 January 2025 | 15 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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4 February 2025 | 11 replies
we have to have pre sales my bank will only give me a certain amount of spec loans but unlimited amount of pre sales. its the only way to keep velocity when you have a larger project like us ( 90 homes) We have been blessed no questions about it.. we made some critical decisions when we started that now look like genius moves :)
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21 January 2025 | 14 replies
No one will care more about your success then you.