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27 September 2024 | 5 replies
Some come a facet, others don't, just shop around.If you DIY the install you'll save more money.
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27 September 2024 | 2 replies
@Audrey Harrell if a wholesaler actually has a property at a good price and prsents it the proper way, they can advertise it alnost anywhere and buyers will find it!
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28 September 2024 | 4 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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29 September 2024 | 12 replies
If you leverage the state properly you can attract very good tenants that pay high rent.
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25 September 2024 | 7 replies
I.e. for carpenters, knowing how many doors need installed, all trim installed, addition of quarter rounds AFTER floors are refinished, wood filling of all nail holes and caulking of all gaps in trim.Tile installers: installation of wonder board, with all seams taped and cemented.
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26 September 2024 | 17 replies
If a prospective tenant needs them they will let you know and pay the cost to have them installed.
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3 October 2024 | 46 replies
Most deals are at 0 or negative cashflow if your paying a manager and properly accounting for cap/ex.
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29 September 2024 | 13 replies
I'm not a buyer in the city proper, but you shouldn't have difficulty selling it.
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1 October 2024 | 37 replies
Could invest in Syndications which are having issues if proper due diligence wasn't performed.
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2 October 2024 | 71 replies
Every market is different, skills are different, location matters, proper due diligence matters and your individual lifestyle even matters.There are millionaires who live very humble lives and you would never know they were wealthy.