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15 October 2024 | 4 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.
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16 October 2024 | 7 replies
It seems you are the only person who understood the question wanting to know what a seller makes (not even sure how or why you think that).As a typical part of the DD process it is not uncommon to ask for property/entity tax returns.
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20 October 2024 | 8 replies
It sounds like you're facing a typical challenge with a flip property where interest isn't quite translating into offers.
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18 October 2024 | 23 replies
Typically Section 8 assistance will track along the market rent for low income communities in the area (slightly higher or lower depending on the location).
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16 October 2024 | 7 replies
These reserves can typically be in liquid assets, including cash, stocks, or retirement funds.4.
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17 October 2024 | 9 replies
It’s typically worth considering if it should be rented out and refinanced instead!
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18 October 2024 | 11 replies
If your guests are typically driving in from nearby, then perhaps Fri-Fri.AnyDay-AndDay could still leave gaps in your schedule.
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17 October 2024 | 12 replies
This amount fluctuates, typically peaking before a property purchase and then gradually decreasing as we rebuild reserves for the next opportunity.
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16 October 2024 | 25 replies
Lenders typically look for a DSCR of at least 1.0, meaning the property generates enough income to cover its debt obligations.Benefits for Foreign Nationals: This type of financing is particularly beneficial for foreign investors because it often has fewer documentation requirements, allowing you to leverage your property’s income potential rather than focusing on your global income.2.
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16 October 2024 | 13 replies
These are not typical life insurance policies.