
9 October 2024 | 23 replies
@Eric Fichera Buy A/B located properties, keep up with all local permitting & licensing, use a well drafted and fair lease, don’t unreasonably withhold deposits and be a responsive landlord or hire a responsive PM and you won’t have anything to worry about.

9 October 2024 | 11 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.

9 October 2024 | 2 replies
Just make a proposal to the other owner er that’s good for you and fair to them, and see if they’re interested in your proposal.

9 October 2024 | 16 replies
I realize there are a lot of variables at play during turnovers, such as:- What was the condition prior to tenant move-in and what is the condition after move-out?

8 October 2024 | 1 reply
Also, my personal investing goals & acquisition reflect a long term play and not a short term one.

13 October 2024 | 54 replies
Some other measure.... or some combo of the above or any other fair & equitable method appropriate for your situation.As long as it's easy, clear and well-explained in writing - and plainly laid out in the Tenants' leases - it will be fine!

8 October 2024 | 22 replies
I just thought it was fair.

8 October 2024 | 3 replies
Hello everyone, my name is Dave: I'm a fairly new investor and as a most recently, I've discovered that Microsoft will be coming to Racine.

7 October 2024 | 16 replies
I suspect the odds that the wholesaler did not misrepresent anything is fairly small.if your wholesaler is picking up the legal costs to pursue this so that you are only going to be out the time value of your earnest money, I think I would just sit back and see how this plays out.

8 October 2024 | 6 replies
You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.