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24 September 2024 | 22 replies
This is a silly question, but if I go in, asking for information like this, how would I even approach the subject?
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24 September 2024 | 15 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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24 September 2024 | 12 replies
I was looking for something different, with a more simple, streamlined, process-based approach a la REI Pebble, and paid (and am paying monthly) because I took them at their word and did not do extensive research before making the purchase.
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21 September 2024 | 4 replies
Does anyone have any advice on how to approach this scenario?
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23 September 2024 | 25 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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23 September 2024 | 20 replies
So far, I've started using the BRRR strategy to look for more properties and am refinancing two of my rentals, but there have not been any issues with the fact that we live in an RV.I'm curious if any other investors out there have went with this approach to their own personal living situation.
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20 September 2024 | 17 replies
We are torn between both approaches here.Cam someone suggest what approach is better?
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24 September 2024 | 27 replies
We bought this since a realtor we knew approached us, we didn't seek it out.
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27 September 2024 | 66 replies
However, there are still chances out there, though you might need different approaches.
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21 September 2024 | 12 replies
However, if I were to proceed with this, I would likely need to adjust the rent accordingly.I’m looking for advice from the community on how best to approach this situation.