
23 August 2024 | 14 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+, 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, 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.

21 August 2024 | 8 replies
Pests, rodents, severe weather, destructive tenants are also unknown and can only be estimated.

26 August 2024 | 73 replies
If it tends to be for a pretty set time frame it may be more of a tutoring/teaching type of situation.I tend to stay out of my tenants' business unless it involves safety of the neighbors or some kind of major crime, so yes, drug dealing would fall into that but most lower level dealers will have more than 1 customer and many high level ones who might only have one visitor are not as likely to have them daily.

24 August 2024 | 26 replies
Assuming he actually got the majority of his capital back in each of his 10 or so BRRRRs (which seems to be the case) he's likely accumulated a good amount of equity and is benefiting from debt paydown and tax advantages (with potential appreciation and improved future cash flow once the properties are stabilized being nice-to-haves if they happen).

27 August 2024 | 43 replies
I have been brokering purchase rehab loans as majority of my business for last few years.

25 August 2024 | 10 replies
Not having the BAC in the MLS just creates a little more work, now you have to look at the listing on the listing agents website or call them, but no major change there.

22 August 2024 | 9 replies
I either want to sell it or get my equity out without dealing with my personal credit and a mountain of paperwork. currently a nightly rental as we are a historic hotel.open to discussing my options. also there are other commercial investments on the property to include the building of another restaurant /bar/ cocktail lounge our land. major investment opportunity.who can help me?

22 August 2024 | 53 replies
I've mostly looked at all the major places - Victoria, Kelowna, Banff, Calgary, Edmonton, Ottawa, Toronto (and nearby areas), Halifax even.

24 August 2024 | 6 replies
You open yourself up to some major trouble if you don't.Example 1: 26-year-old female applies.

24 August 2024 | 3 replies
The notes from the Fed’s last meeting (held on July 30–31) included a big reveal: “The vast majority [of Fed members] observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.”TP: Keep in mind that the last Fed meeting happened before: 1) the July unemployment rate jumped to 4.3%, 2) July CPI came in lower than expected, and 3) the huge, downward QCEW revisions to jobs growth.