
6 October 2024 | 12 replies
I've used her for all of my rentals and typically recommend her if my clients don't have a preferred insurance vendor already.

8 October 2024 | 10 replies
These companies typically charge anywhere from $200 to $500, and they take care of the Articles of Organization, EIN, and operating agreement.

2 October 2024 | 4 replies
Evaluating a new property manager (PM) can definitely feel daunting, especially when you're 500 miles away.
7 October 2024 | 10 replies
YOu can use conventional financing or non VA financing options.The 25% equity requirement typically comes up when you're vacating a primary residence to buy another primary using FHA purchase.

4 October 2024 | 11 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.

5 October 2024 | 20 replies
There's often more turnover than a typical long-term rental, usually they'll stay at a property for 1-3 years.

5 October 2024 | 7 replies
For $150,000, this could be $3,000 to $7,500.Investing in a Rental Property: Costs and ExpensesDown Payment and Closing Costs:Down Payment: Assuming you buy a $300,000 rental property, you need a 20% down payment ($60,000).Closing Costs: Typically 2% to 5% of the purchase price.

7 October 2024 | 16 replies
Depends on the contract language, but under typical language the seller is obligated to the sale if all contract terms have been met, and the jilted buyer can usually get a legal block prohibiting the sale to another party.

5 October 2024 | 8 replies
Typically spreads on loans collateralized by CDs are around 200 bps.

4 October 2024 | 4 replies
I typically work with out-of-state investors to help them capture equity and build portfolios by managing start-to-finish value-add projects.