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17 December 2024 | 16 replies
I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.
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16 December 2024 | 3 replies
(I also had to come to CA for health reasons, so I am not sure if that is an exception) - You can use that reason to excuse the amount of time you lived in it.
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13 December 2024 | 35 replies
But you should budget this in with the amount of capital you have.
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12 December 2024 | 3 replies
Quote from @Michell Chase: It isn't a large amount but my concern is that if I remove the tenant in July I have no deposit in the event that there are damages to the unit.
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3 December 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment in Missouri City.
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14 December 2024 | 2 replies
If you sold it, what would you do with the money and how does the return compare to what you get now (factoring in the amount of work/stress with each option)?
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16 December 2024 | 8 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.
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11 December 2024 | 4 replies
Can a Freddie Mac home be purchased as a rental, BRRRR, or fix & flip?
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12 December 2024 | 6 replies
so i had zero debt or interest payments on it while it was being fixed up.
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3 December 2024 | 1 reply
Investment Info:Single-family residence fix & flip investment in Hermitage.