
20 October 2024 | 84 replies
@Alan Asriants there is no added time or added risk when buying properties that one triple net leases.All the drawbacks you mentioned are eliminated with NNN leasing owned properties.If the interest rate on the loan is low enough in relation to income received, there is no financial point in eliminating leverage, mortgage.

15 October 2024 | 4 replies
For example, you can deduct mortgage interest, property taxes, operating expenses, depreciation, and sometimes even travel expenses related to property management.

15 October 2024 | 4 replies
It's a manual process but allows us to view all business-related financials in 1 place.We've also found QBO has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.

14 October 2024 | 2 replies
I'd encourage you to also set up some keyword alerts for "Hartford" and related terms like house-hacking, duplexes, etc.

14 October 2024 | 2 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.

16 October 2024 | 32 replies
Relative to the past 15 years, it is a poor time to buy residential buy and hold.

16 October 2024 | 6 replies
The city's relatively lower entry costs compared to other East Coast cities make it appealing to investors especially section 8.

16 October 2024 | 6 replies
This strictly relates to asset protection.

15 October 2024 | 14 replies
I was heavily involved in the renovation and am relatively familiar with the construction side.Our plan is to hold this property for long term and then wait for a couple of years to add more to the portfolio.

15 October 2024 | 7 replies
It seemed like they borrowed a relatives bank account and edited the name & address to theirs.