
16 October 2024 | 9 replies
The real play here might just be to take a step back and evaluate if this deal is going to actually set you up, or ruin you financially.

15 October 2024 | 15 replies
House hacks are not like a traditional investment property and admittedly a little more emotion will play into whether it's going to work or not for you.

17 October 2024 | 22 replies
That said, expect to deal with a fair amount of fluff leads.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

16 October 2024 | 11 replies
Comps are fairly different in my opinion.

13 October 2024 | 4 replies
What are the few possible outcomes that can play out this coming Wednesday?

13 October 2024 | 2 replies
Also loss history can play a significant role.

14 October 2024 | 8 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

14 October 2024 | 3 replies
We also have two newer houses that are fairly trouble free.

15 October 2024 | 14 replies
Not sure if you plan on pursuing a higher education, but that can be a factor that comes into play as well.

11 October 2024 | 17 replies
I'd be interested to hear how you approach evaluating a borrower’s past performance and how that plays into your final lending decision.