
4 October 2024 | 27 replies
Six years ago, I quit my job and started a PM company.

4 October 2024 | 1 reply
As our beautiful city continues to grow, so does the demand for housing, jobs and investment opportunities. https://tinyurl.com/256w4aau#PanamaCityBeach #RealEstate #InvestmentOpportunities #Growth #HousingMarket #PCB

4 October 2024 | 39 replies
Get a job that pays you a pile of money and invest that money, live well below your means, think long term, and delay gratification.

5 October 2024 | 16 replies
If its appreciation, I think you did a good job assuming you held the properties for a few years.If its just FMV less loan balance, i would only sell if you are unhappy with your appreciation / cash flow.

4 October 2024 | 7 replies
I also recommend, If they are not looking for another full time job, to consider New Construction.

4 October 2024 | 6 replies
You would be better served upgrading from your last one and becoming a small partner in a flip where you could bring your sweat equity and some cash and learn on the job more when it's not a family member.

9 October 2024 | 21 replies
Get a 2nd job and save some money for a couple years then come back later.

4 October 2024 | 6 replies
It's not an easy job learning a new skill set this company is looking for people that can turn in a lot of files per month and does not want people who can not provide that..I did my research on this company and thought it was a reputable company obviously I was wrong.

4 October 2024 | 13 replies
I also stated that if they harmed the home in the process of these repairs, by not using a licensed and trained professional, it would cost me extra.They responded saying they don't feel I can unilaterally request that a tenant not make these repairs, and they would not notify the tenant to cease work.As it stands, I am allowed to have a contractor who is competent look at the job, quote it, but I am not allowed to do the work with that person, until the tenant has had a shot at it.I cannot believe how basically unprofessional, and dangerous this situation is for all parties involved and want confirmation as the woman who works at this management company has no legal degree, and is constantly attempting to wave the legal flag like an expert.

5 October 2024 | 7 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.