
27 September 2024 | 48 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.

27 September 2024 | 40 replies
If you are still confused that means they did not do a proper job in disclosing all the terms on the loan.

24 September 2024 | 15 replies
Build a team of professionals, network with investors, and mitigate risk by screening tenants, having proper insurance, and having reserves.

22 September 2024 | 15 replies
I'd like to properly account for this in my cost for acquisition and ownership for roi use cases.

23 September 2024 | 19 replies
If you operate an STR, gross income is your total rent paid by your guests, before any subtractions.To figure out your taxes, you take this gross income and subtract from it all allowable business expenses: marketing, education, technology, licenses and fees (including Airbnb and credit card fees), office expenses, business driving and so on.

22 September 2024 | 7 replies
This ensures proper cleaning/sanitation and that the unit is move-in ready.

23 September 2024 | 33 replies
A small chip in the bathtub and that’s a fail, window doesn’t open good enough that’s a fail, bedroom door lock doesn’t lock properly that’s a fail.

24 September 2024 | 27 replies
Very little land available for proper zoning or pricing.Realtor/Owner of property offered to us at $900,000.

22 September 2024 | 41 replies
As a triple net lease tenant the property will get cleaned weekly, while making sure the property is properly maintained.

22 September 2024 | 8 replies
Plus 90% of repairs can be put on a credit card.