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13 December 2024 | 6 replies
I’m POSITIVE you aren’t saying they are reporting non-payment when you are paying.
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13 December 2024 | 13 replies
We're still seeing positive cash flowing deals here and lots of potential for appreciation.
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14 December 2024 | 3 replies
I have heard positive things - expect lower overall returns in exchange for them doing the work!
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14 December 2024 | 12 replies
When talking to property managers, ask questions regarding any guarantees they offer owners and refer to any online reviews to get a better idea of how tenants and other owners feel about working with the company.
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4 December 2024 | 12 replies
Well how many reviews were there and were they all 5 star. 10 Star now on Vrbo.
13 December 2024 | 4 replies
It’s smart to review the HOA guidelines before buying so there aren’t any surprises.
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14 December 2024 | 2 replies
We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).
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12 December 2024 | 2 replies
Does anyone use another method of goal setting or periodic review method?
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17 December 2024 | 29 replies
$900 seems to be the sweet spot right now and most of those cost 45-55K including fix-up.With all that said, I'm positive I spend money on the properties in ways that most landlords at these price points do not.
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16 December 2024 | 8 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.