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10 February 2025 | 3 replies
I have used then 3-4 times now
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16 January 2025 | 4 replies
A great way to get started if you currently have a W2 job is to buy a house hack like a duplex or a fourplex where you can move into one of the units and continue to rent/manage the other units.
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10 February 2025 | 7 replies
I like DealMachine because you can literally drive or walk for dollars on the app in real time and all contacts are skiptraced with pro.But, you also want to make clear why you want to find off-market deals.
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6 February 2025 | 13 replies
Income would cover rent for a short time.
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19 February 2025 | 26 replies
I would be happy to set up a time to discuss and learn more about those markets.
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17 February 2025 | 21 replies
(Not that I've known what that feels like for a long time...)
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27 January 2025 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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8 February 2025 | 5 replies
If at one time the house had gas heat it may still be rated as gas.
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14 February 2025 | 4 replies
If the property was in Hartford proper, we would tell you no to management since the tenant base is much harder, it is harder to get rent collected on time.
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14 February 2025 | 4 replies
Good morning BP community,I'm a returning REI in East Tennessee who is now investing and buidling a family business full time after a career in the military.