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30 October 2024 | 21 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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30 October 2024 | 15 replies
If the PM is competent they’ll have the necessary resources to get these folks out of your unit asap.
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28 October 2024 | 2 replies
Myrtle Beach and its surrounding communities - collectively known as the "Grand Strand" - have garnered a lot of attention from the investor community over the past several years.
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31 October 2024 | 17 replies
And Border Patrol was there often, with sensors on the bridge telling them when to come collect a new batch of folks.
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27 October 2024 | 3 replies
But if you're living on site and knocking on doors to collect rent, could work out for you.
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21 October 2024 | 14 replies
Hi All,I have two door's and am collecting rent on different apps like venmo and cash, but I want to open an llc and collect rent on through that.
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30 October 2024 | 9 replies
(Source: Gordon James Realty https://www.gordonjamesrealty.com/resources/knowledge-hub/be...)2.Tax Benefits: Leasing to your LLC allows you to charge rent, creating deductible business expenses.
28 October 2024 | 5 replies
What if they have collections or judgments?
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31 October 2024 | 18 replies
How have you gotten aligned with your co-buyers in the past (any exercises, tools, resources, processes, etc you've used) and how might you do things going forward?
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30 October 2024 | 21 replies
He may be a much better resource on the possibility of hitting these numbers.