
23 August 2024 | 14 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.

21 August 2024 | 2 replies
Good due diligence includes a proper inspection before purchase along with the other elements of one's due diligence.Thanks for the remedy reminder as well.Investors selling property need to consider these things as well.

22 August 2024 | 6 replies
Good luck in Hartford proper.

22 August 2024 | 16 replies
But not enough to overcome the 3 factors above (in my opinion).Because a lot of investors in my investor group are looking for better options, I’ve been hunting for better passive 1031 options that involve TICs - typically with syndicators.

22 August 2024 | 5 replies
Just make sure to properly allocate the purchase price between the rental and residential portions and keep clear records.

21 August 2024 | 7 replies
While you can't force them to complete it, it’s a helpful document to have.If you’re looking for more landlord-friendly areas, you might want to explore options in Clackamas and Washington County, outside of Portland proper.

23 August 2024 | 54 replies
I need an accountant that know how to properly depreciate assets.

21 August 2024 | 6 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊

21 August 2024 | 2 replies
I need to learn how to leverage equity in my property, how to improve cash flow, how to improve my property, understand book-keeping, create the right structures to limit liability, create the proper structures for tax, and learn how to find deals.