
19 September 2024 | 3 replies
These drops are due to lower demand and market corrections.

19 September 2024 | 13 replies
", shows your inexperience.The cashflow numbers for Class C & D properties only look good on paper because few investors plug the correct assumptions into their ROI calculators.Have seen many newbies use a 5% vacancy factor for Class C & D properties with nothing built into their calculations for tenant-nonperformance or the extra damages low-demographic tenants statistically cause.BTW: we recommend using at least a 20% Vacancy+Tenant-nonperformance number.

19 September 2024 | 10 replies
Asking in the correct forum will get a better response.Need a spreadsheet or form?

19 September 2024 | 6 replies
If you find a problem, deal with it immediately by making the tenant correct it within X days (and verify with another inspection) or remove them from the property.Most DIY landlords lose more money to simple mistakes than it would cost them to hire a professional property manager.

18 September 2024 | 6 replies
The strategy you are implementing we like the call the "Holy Grail" of house hacking haha; purchasing a small-multifamily to house hack with a VA are powerful tools, and done correctly can really help kick start and build a great porfolio.

18 September 2024 | 6 replies
The irony is most investors who form LLC's do not operate them correctly, fail to obtain appropriate types or amounts of insurance coverage, fail to understand their coverage exclusions, take short cuts and don't obtain permits, use unlicensed and uninsured vendors, fail to execute contracts with same vendors, don't understand the mechanism of additional insured status, indemnification etc. and are actually more prone to claims and conflict with their LLC than the individual who does not own real estate in an LLC but understands these tools I mentioned.

17 September 2024 | 8 replies
Let me know if my numbers are correct, I run a call center for Real Estate so I look at these kinds of numbers all the time.You are correct about 10K phone calls placed.

19 September 2024 | 34 replies
Listening to so many people on YouTube its hard to know which one is correct or not etc, as well the excel cash flow matrix tool.
18 September 2024 | 3 replies
All these repairs were made with the expectation that the problem would be corrected.

18 September 2024 | 23 replies
Is all of the paperwork and title correct?