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1 October 2024 | 2 replies
And actual major flood events in the last 45 years in reality have not come anywhere close to the elevation where this property is.
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28 September 2024 | 12 replies
You’ll find investors from Toronto, Vancouver, and other major Canadian cities who share their experiences about market conditions and regulations in Canada.For formal groups or chapters, outside of BP, the Canadian Real Estate Association (CREA) and local investment clubs are great places to connect with more like-minded investors.
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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 | 13 replies
Best decision I ever made. they went on to basically lose the portfolio as 2 steps one back.. theft non pay trashed units.. simply not a sustainable model.I then switched to no debt A class only takes a few of those to hit that magic 10k a month NET cash flow with basically zero drama.. and only a handful of props to manage .. owing 50 houses has major work load if they are section 8..
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1 October 2024 | 11 replies
And the guru's and coach's across America teach these sleazy techniques. not all like I said but I would say the VAST majority..
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24 September 2024 | 19 replies
A couple of years back I read an article regarding what was called the donut effect when it came to major cities.
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30 September 2024 | 4 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
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29 September 2024 | 18 replies
You brought up some really key points, especially regarding location and the importance of making properties stand out in a competitive market—whether it’s for short-term, mid-term, or long-term rentals.I completely agree that proximity to Waco's major attractions like the university is essential.
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27 September 2024 | 48 replies
Major pros of Detroit is its rapid revitalization and cash flow potential.
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24 September 2024 | 3 replies
Hi guys how do you report a none payment of rent, destruction of property, eviction on a tenants record.