
8 October 2024 | 15 replies
I have three sets of cleaners and they get the offer to accept the job in order of my preference.

8 October 2024 | 10 replies
I've done it the traditional way of using my credentials; credit, job/salary, personal info. to getting a FHA loan.

7 October 2024 | 4 replies
Consistent rent growth can signal strong demand.Job Market & Population Growth: Rental demand often follows job and population growth.

7 October 2024 | 2 replies
Here are a few challenges I see going forward:1) Insurance rates: It has become a part time job to hunt for insurance.

2 October 2024 | 5 replies
I’m a very busy person with a lot of businesses and tasks that need to be done.

8 October 2024 | 4 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.

9 October 2024 | 23 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.

7 October 2024 | 20 replies
Prior-year losses can’t offset W-2 income but can be used for capital gains or future rental income.For audit risk, high earners using REPS face increased scrutiny, so be prepared with detailed records.For material participation, keep a time log with tasks, dates, and hours spent on rental activities like tenant management, repairs, and bookkeeping.

3 October 2024 | 46 replies
We are both physicians and relatively intelligent humanoids, but without knowing what you don't know, it seems a difficult task.

7 October 2024 | 9 replies
It's awesome you are considering where you want to be and flexible with that.I'd look at your high growth markets, where there is a diversified economy, job growth, income growth, population growth, business friendly environment.