
21 October 2024 | 25 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

20 October 2024 | 6 replies
The former provides a much lower return on equity but is simpler and easy to achieve over the long run.The latter is much more time consuming and risky, but provides high returns and a lot of tax advantages.

18 October 2024 | 6 replies
As an example section 1250 gain is taxed like ordinary income, in contrast generic capital gains has a much lower rate.

18 October 2024 | 0 replies
., Canada, and Mexico due to economic pressures on lower- and middle-income consumers.

19 October 2024 | 5 replies
The higher the down payment, the lower the risk.

18 October 2024 | 1 reply
The numbers will be lower, but yes you won't be waiting to see bookings come through and you won't have to clean rooms (takes us about 10 minutes) between stays.

19 October 2024 | 0 replies
Offer Value Beyond PriceIn competitive or slow markets, creating value for the seller can tip the deal in your favor: Quick Closings: If you can close faster than competitors, this might persuade the seller to accept a slightly lower offer.

17 October 2024 | 3 replies
This is the real estate version of “dollar cost averaging.”So even though home prices do go up and down, they tend to go up overall.If you get in the market you are getting a piece of the pie, versus waiting and missing out.For example, you might end up selling when prices are lower, but then you are buying a new place when prices are lower too.

17 October 2024 | 0 replies
I am going to be very aggressive on pricing and not wait for the homes to be listed months and months then start lowering the prices.

19 October 2024 | 4 replies
Likely will have a value lower than if it were 4 units (but higher rent than 4 units). good luck