
31 October 2024 | 14 replies
This leads to issues with refinancing and could leave you with less equity or higher debt than anticipated.

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.

28 October 2024 | 40 replies
Booked every night for a month, doesn't even cover the mortgage, let alone the cleaning fees and maintenance of the pool, etc. and if you have a property manager, you have to be cashflow negative.

31 October 2024 | 29 replies
Having an agent to help with negations is also beneficial.

26 October 2024 | 14 replies
They do say they have a one time fee for debt collection and I suppose negative reporting with a 30 day delay and dispute process.

27 October 2024 | 6 replies
If you aren't a cash buyer, you don't want to lead with fake cash like a lot of buyers do.

2 November 2024 | 64 replies
My guess was that the floor wasn't leveled in certain areas leading to a chain reaction of splitting

28 October 2024 | 2 replies
If you've been looking to buy, the next few months leading up the election is the perfect time, in my opinion.

28 October 2024 | 12 replies
As long as you follow protocol and get the property lead certified (which is particularly important in Cleveland), you'll be in good shape.

22 October 2024 | 3 replies
What I mean by that is - not just focusing on getting the leads at the very start.