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19 February 2025 | 19 replies
It's boring and takes more capital so it's not as exciting but it has been effective and I feel its something everyone can do.
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6 February 2025 | 5 replies
What do you all suggest is the easiest and more effective setup?
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22 February 2025 | 6 replies
Still need to screen S8 prospects though.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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12 February 2025 | 13 replies
How effective is it to negotiate the insurance amount with the existing insurance provider?
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20 February 2025 | 10 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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6 February 2025 | 2 replies
“Notes” are such a BIG field, that I’ve found it more efficient, effective and profitable to target specific “arena” of notes at different times in different economic environments.
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7 February 2025 | 4 replies
So, only effective if police will quickly respond and stop them in the act.
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22 February 2025 | 13 replies
This document is signed by the contractor, subcontractor, or supplier after they have been paid in full, and it legally waives their right to file a mechanic’s lien against your property for the completed work.There are two main types of lien waivers:Conditional Lien Waiver – Becomes effective only when payment clears (use this if you’re issuing a check or waiting for a transaction to process).Unconditional Lien Waiver – Takes effect immediately upon signing, meaning the contractor cannot later claim unpaid amounts and file a lien (use this only when you’re certain payment has been fully made).To protect yourself, always require a signed and notarized unconditional lien waiver after making final payment.
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3 February 2025 | 5 replies
Now, this would obviously be negatively cash flowing since you would need to pay taxes and insurance.
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1 February 2025 | 1 reply
High property tax isn't an automatic 'no', but is one negative factor in my analysis.