
3 December 2024 | 3 replies
.- we are starting a local rehab on Dec 1 (last unit in a quad).

4 December 2024 | 31 replies
My wife and I both have full time jobs, take care of our 2 boys and I have spent almost every day off for the last 8 mo working on this house.

29 November 2024 | 1 reply
Communication - 1-2 weeks before a new trade starts they should walk the project with you to go through any last minute logistics and make sure they have a crew ready to go.3.

28 November 2024 | 10 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.

1 December 2024 | 68 replies
Sad that it only lasted a few months before default for me but those are the risks.

30 November 2024 | 6 replies
I bought property in 2008, 2009 and the last year that I didn't buy a property a California actor was President.

29 November 2024 | 7 replies
The last thing you want is a brand that will take 2 weeks to get repaired if needed.We have Maytag units in our lake house and they have been rock steady for 7 years.

29 November 2024 | 27 replies
At this point I'm inclined to average fuel usage over the last few years and come up with a heat included number to add to the rent.

5 December 2024 | 31 replies
That Last sentence to your response is "mic drop" worthy @Randy Achi!

2 December 2024 | 6 replies
In the last two years I have taken out 3 commercial loans on 5-10 unit properties.