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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.
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28 October 2024 | 13 replies
--Many will state that's your job, but then what value are they truly offering as an "investor-friendly" agent?
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25 October 2024 | 8 replies
My dad wants to sell our home around January or February, so I’m planning ahead.I run my own clothing business, so I don’t have a W2 job—I've heard that can make it harder to get a loan.
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27 October 2024 | 15 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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31 October 2024 | 23 replies
How do you know 60k reno is really the price it should be, 60K is a MASSIVE job, Roof, 5- 8k, assuming, 25- 30 sq, Furnace $1700k, HW 1300, Spackle Paint, 3kish.