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31 December 2024 | 57 replies
I have not had that happen, but natural gas is a lot more reliable than power.
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29 December 2024 | 8 replies
My local cable, internet, cell and utility companies are already using it to field calls and answer questions online and phone.
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28 December 2024 | 6 replies
Actually the IRS does not tell us what we can invest in, only what is disallowed (life insurance contracts and collectibles).Allowable investments for SDIRA investing include the following:Residential real estate, including: apartments, single family homes, and duplexesCommercial real estate Undeveloped or raw landREITs (Real Estate Investment Trusts)Real estate notes (mortgages and deeds of trusts)Promissory notes Private limited partnerships, limited liability companies, and C corporationsTax lien certificatesOil and gas investmentsPrivate stock offerings, private placementsJudgments/structured settlementsGold bullion Factoring investments
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6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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17 December 2024 | 12 replies
Overall, the City of Montgomery is highly focused on attracting large companies to its' vastly diverse and well trained workforce.
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3 January 2025 | 10 replies
That's how I started, with a company called Flip More Deals (currently called the Growth Collective) they were very hands on and helped me through the entire process and connected me with a lender and gap funder, very hands on you should check them out.
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5 February 2025 | 205 replies
There are companies "Build2Rent" that have inventory being built now (some CO'd already) selling complete SFH, Duplex + Builder incentives to include closing cash and 2 years PM paid!
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24 December 2024 | 44 replies
A good property manager who knows Memphis well, a reliable contractor, and an experienced agent who specializes in investment properties will be key.
27 December 2024 | 3 replies
The insurance is for a rental condo property located in Madison, Wisconsin I’m wondering if anyone knows of any other insurance company.
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5 January 2025 | 17 replies
I think broader consumer taste is killing malls, which includes online shopping, but also even where people are choosing to live and how they are spending their time/money, more broadly.I worked for a company that bought a failing mall back in 2012 (online shopping was "killing retail" then too), redeveloped most of it into more open air power center and sold.