
17 December 2024 | 36 replies
I've heard podcasts with them bragging about all the money they made in the last 6 months buying apartments.

17 December 2024 | 4 replies
Face to face interactions is how you will build lasting relationships!

13 December 2024 | 5 replies
@Spencer ManningYour other questions were answered except for last one.S8 vouchers are for a specific number of bedrooms and rent amounts.So, a S8 tenant must find a property with rent that does not exceed their voucher amount.This stops S8 tenants from renting Class A properties and most Class B.Currently, Fair Housing does NOT protect source of income, so unless a state or local government has passed a law stating otherwise, landlords do NOT have to accept S8 vouchers.

17 December 2024 | 27 replies
My focus, over the last 28 years, has been on the Cleveland market because thats where I live.

13 December 2024 | 13 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.

15 December 2024 | 25 replies
Quote from @David Orr: That last reply was to a thread that was from a year ago, but I think the answers are still valid.

13 December 2024 | 3 replies
Also, starting my journey in real state investment made change my mindset and since last year I have been more disciplined on my finances and I have been taking better decision on how I spend my money.

15 December 2024 | 38 replies
Quote from @Elijah Edwards: @Jamie Banks I was approaced by a Relocation Specialist last week to rent out my home.

18 December 2024 | 26 replies
For example, if the listing is selling for 200% of the last purchase of two years ago with no improvements, etc.?

19 December 2024 | 37 replies
Teshaw has changed his number 4 times in the last year.....there is a reason for that.