Nicholas Nakamura
Investing in Ohio-Specifically Section 8
5 January 2025 | 33 replies
Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.
Keenan Patton
[Calc Review] Help me analyze this deal
26 December 2024 | 4 replies
You would be coming onto market at the prime time and its in downtown so hopefully it'd be contracted for the sell within a month, but northern Cali is a slower market sometimes since we're not as densely populated so id say 3 months.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 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.
Abriauna Garcia
Advice for a first time home buyer
27 December 2024 | 3 replies
A strong “Core 4” can make managing your investment remotely much smoother and prevent a lot of headaches.Also, as you narrow down cities, pay close attention to factors like job growth, population trends, landlord-tenant laws, and short-term rental regulations.Happy to connect with you, and good luck as you jump in!
Lionel Quiambao
How Fast of an Internet Speed
20 December 2024 | 6 replies
However, that's in a sparsely populated area.
Gregory Beaty
FreedomSoft Scam!
27 December 2024 | 22 replies
Oh and people would fill out buyer or seller forms, and they would never populate.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Anywhere that has consistent or slightly growing population and a decent job supply may be a good fit.
Mike Terry
Port Huron, Saint Clair County and the Thumb Coast of Michigan
25 December 2024 | 4 replies
We don't cover that area, but know that due to lower population density, finding a great PMC is difficult.
William Bohan
Long term landlord approaching retirement looking to maximize income
31 December 2024 | 18 replies
They are buying NNN single tenant or NNN multitenant retail properties in TX, OK, SC, NC, GA, FL, AL, TN - the states to which the population is migrating and that have business/real estate friendly governments and lower taxes.
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 replies
Places with strong population and job growth (think the Sunbelt regions or emerging Midwestern cities) can offer solid cash flow and long-term appreciation.