William Silva
Multi family (2-4) units. Getting started
30 January 2025 | 8 replies
Zero or negative population growth is a bad sign too.
Sam DiNicola
Advice needed on potential first fix & flip with seller financing
4 February 2025 | 10 replies
We are ok with no or even slight negative cashflow since it would be a strong equity position for us if we hold it.
Alex Messner
Purchasing first home (with debt)
4 February 2025 | 12 replies
If you buy the single now your DTI will be negatively affected for future properties.
Ike Okwerekwu
Property Manager Referrals
27 January 2025 | 7 replies
Just remember: most negative reviews are written by problematic tenants.
Shiloh Lundahl
New Partnership Model
4 February 2025 | 87 replies
I would want to know how you handle all of the negatives and bad outcomes long before you told me how great the investment was going to be.
Melissa Sejour
How do you research the best areas to invest in?
29 January 2025 | 11 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.
Angel Mora
Evernest Property Management
29 January 2025 | 25 replies
I will concur with negative comments above.
Pawan Gupta
Has anyone worked with Mynd.co?
14 January 2025 | 2 replies
As title says, looking for some first hand experience, positive or negative; for working with mynd.co.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
This would help you get going.You might be able to make these a little nicer and force appreciation and a little higher rent.Either way rents will go up over time and the mortgage with remain constant.Maybe even make one unit a STR which could see higher income.I'd be ok with break even or a little bit negative on a Quad given you have 4 properties in one.If you're only breaking even you still have depreciation and other tax write off to help you out.I usually make people 3 offers.
Henry Lazerow
Two warnings for the Chicago market! Section 8 lawsuits and fake tenants ID's
22 January 2025 | 12 replies
The politicians don’t really care the negative outcomes and just want the votes.