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23 October 2024 | 22 replies
Are there any books, courses, or mentors anyone might suggest for someone in my position?
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23 October 2024 | 38 replies
Steve Gallegos has even reached out to BP support to delete his comment, but he hasn't received a response back.Also, I'm pleased to see that a few of our clients saw this thread and posted positive reviews.
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23 October 2024 | 5 replies
First off, not a fun position to be in where you have a good feeling but not fully sold on a tenant.
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23 October 2024 | 7 replies
If it's not, focus on building your income, increasing savings, and getting into a position to purchase.4.
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24 October 2024 | 7 replies
Hello Nick, I am starting to explore the MTR space, and would like to position my property in the Bay Area to large tech companies.
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22 October 2024 | 6 replies
The goal is to have positive cash flow, where rental income exceeds your expenses.
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23 October 2024 | 8 replies
We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).
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24 October 2024 | 6 replies
Is it conceivable that they could have generated interest from someone with a large amount of cash, but not in a position RIGHT NOW to obtain a mortgage loan?
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25 October 2024 | 23 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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23 October 2024 | 7 replies
We are currently paying down most of our bad debt to put us on a better position to buy, and gaining more knowledge in the process.