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19 August 2024 | 18 replies
We don't have a lot of small multifamily.Upside-Landlord friendly, great growth, diversified economy, great central location, business friendly environment, no state taxes, population growth, job growth, probably wage growth.
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21 August 2024 | 17 replies
Simultaneously, I have sat in Ron's gotcha class.
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18 August 2024 | 2 replies
The concept of "Boommates" would be an effective solution for many facing economic and social challenges.Sharing housing can benefit individuals and society by making better use of existing homes and creating supportive living environments.
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15 August 2024 | 13 replies
MY QUESTION...What have you found to be the best Course or Class to start learning (specifically) how to Flip Houses?
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19 August 2024 | 3 replies
@Joe K.I do not know the details of your specific situation (amounts owed, class of property, etc.), but, in my experience, it is a waste of time.
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21 August 2024 | 94 replies
Next time you go to school, make sure you tell your HS teacher or college professor that you can learn everything they can teach you from a book and that what they're teaching is not worth the price of the class.
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19 August 2024 | 6 replies
Nothing I've read in the state Landlord-Tenant Law says anything about it as a protected class, and I know the governor recently (2023) signed into law allowing landlords to not accept it.
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20 August 2024 | 15 replies
Both have difficulty cash flowing positive in this real estate environment.
16 August 2024 | 2 replies
A bank will not go above 75% typically so you have no ability to borrower or maybe get out $20kIn this environment with high prices and rates - I personally don’t think it makes sense to borrower for a down payment as you are just over leveraging with multiple sources of loans.
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21 August 2024 | 27 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+, 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, 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.