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4 October 2024 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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5 October 2024 | 1 reply
You’ve made some compelling points about the market and your approach.
5 October 2024 | 10 replies
Dealing with challenging individuals can be frustrating, but it’s essential to approach the situation professionally.
4 October 2024 | 7 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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4 October 2024 | 11 replies
@Ben StanleyTwo approaches to investing in real estate are waiting until lease ends in Fall 2025 or investing while paying rent in Early 2025.
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4 October 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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3 October 2024 | 0 replies
Most advice I've heard is just to approach them after the sale, which in my mind is too late.
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7 October 2024 | 35 replies
When customers really got disappointed they approach Better Business Bureau some even file through attorney generals etc.
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3 October 2024 | 6 replies
Pricing and multi channel approach is very important nowadays
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3 October 2024 | 7 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.