
17 December 2024 | 11 replies
@Gregory SchwartzIf you're not worried about Property Management tracking, and more so looking to keep tabs on your personal/business progress, I highly recommend Monday.com.

16 December 2024 | 21 replies
I believe $1200 spread over 12 months for painting 2 rooms is a little high (i just paid $4k for painter to texture walls and paint (prime and paint) walls and ceilings in 1350’ unit), but not as outrageously high as some posts imply.

15 December 2024 | 5 replies
Looking for a high LTV DSCR option given this property should reasonably be priced nearer to or upwards of $425k given the cash flow its generating.

15 December 2024 | 3 replies
I just don't want to be stuck with a high APR or MIP later down the line.

6 December 2024 | 5 replies
You can even use a really fine-grit sandpaper.This video demonstrates how she repairs a stainless steel sink and it includes before/after images for comparison at the end.

14 December 2024 | 2 replies
Quote from @David Martoyan: You will always have a high amount of competition for real estate and real estate investors.

17 December 2024 | 16 replies
Combine that with rates that are near high for this century. 3 things could solve this 1) RE prices fall (that would be bad for me) 2) rents increase a lot without RE prices increasing similarly (this would be bad for tenants) 3) rates fall a lot.

13 December 2024 | 7 replies
More importantly, get the high interest rate debt paid off first.

16 December 2024 | 23 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.

15 December 2024 | 3 replies
All of that culminates to high 20% occupancy; up to mid-30s - if you are on water or if you are nearby skiing (<10min).