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28 October 2024 | 3 replies
In today's day and age of social media, the Internet and super catchy reels and videos, attracting your attention to higher returns, promising life changing strategies and tips on how to quit your 9 to 5 job; A lot of people really neglect what real Real Estate investing is all about.
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28 October 2024 | 8 replies
I’ll rent out the other units and use a property manager for the home, only because my day job will take up too much time to manage the property myself.
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1 November 2024 | 30 replies
@Ryan Evans Job well done on your deals!
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28 October 2024 | 9 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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27 October 2024 | 23 replies
If the buyer wants to back out, it's the agents job to make sure they protect the buyers interests over their own.
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29 October 2024 | 131 replies
Your job is to solve their problem.
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25 October 2024 | 8 replies
Some jobs in New York City are obviously going to be much pricier than jobs in Cleveland.
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27 October 2024 | 8 replies
It was odd for them as I has long term jobs os a seafere working for overseas companies (I'm not a US citizen) they didn't know how to deal with it, it took too long and then I could find a property that worked.
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27 October 2024 | 13 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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25 October 2024 | 2 replies
Never invest in any location with a stagnant or declining population WikipediaLow crime - A rental property is no better than the jobs around it.