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4 February 2025 | 3 replies
As far as renting, I'd say find a good neighborhood and do good tenant screening.
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5 February 2025 | 7 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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31 January 2025 | 0 replies
Purchase price: $155,000 Cash invested: $60,078 Sale price: $275,000 Fix & Flip property in great neighborhood in Saraland, AL.
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22 January 2025 | 20 replies
It's all about the neighborhoods you are investing in.
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23 January 2025 | 5 replies
My 5 year old started Elementary in our neighborhood.
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18 January 2025 | 19 replies
The specific assistance organization, the screening of the tenant, the property, and the PM company that should be communicating with the tenant all play a role in the success of your investment in regards to tenants.
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31 January 2025 | 0 replies
Purchase price: $271,000 Cash invested: $30,000 Duplex with 1 bed, 1 bath in each unit + 3 car garage in a great neighborhood.
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27 January 2025 | 56 replies
People don’t want to share their quiet neighborhoods with renters who don’t value peace and quiet and a sense of community.
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11 January 2025 | 12 replies
As a young investor, stay organized, keep learning, and don't be afraid to ask for help.
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23 January 2025 | 14 replies
Still researching and taking a trip out there to drive the neighborhoods.