
30 September 2024 | 4 replies
I have heard that LG appliances typically have a lot of problems.

2 October 2024 | 15 replies
If you have done 10 deals and have $100k to put down - then it can be done a lot easierThe way to get opm is typically either experience or money - I tell people to save the money and then you could get the experience

27 September 2024 | 9 replies
.- Gardening maintenance (just to prevent the grass from getting too high, not an improvement).- In-year tax consultation ($300).- Commission to my buyer’s agent ($300).- Insurance premium ($1,000).- Insurance deductible following a claim ($1,000).I believe the property won’t begin to depreciate until it’s in service, which seems to align with how TurboTax is set up.

1 October 2024 | 4 replies
If it was a ch7 you have a better chance to get a property but ch 13 typically they don’t want to sell and if they do then you would need t convince them and the trustee to allow it to be sold.

1 October 2024 | 9 replies
Investors want to see a clear plan with realistic numbers, including contingencies for any unexpected issues.As for structuring the deal, you typically have two main approaches:One option is to offer the investor a fixed interest rate on their capital.

1 October 2024 | 7 replies
Sometimes, the unsophisticated purchasers have to be taken by the hand by the listing agent and sometimes dragged across the finish line with a lot of services involved and typically a lower commission than a multifamily investment.

4 October 2024 | 6 replies
You cannot typically have more than one FHA at a time but yeah you can buy back in if your credit score is adequate and your budget can handle the cost of a second mortgage.

30 September 2024 | 10 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.

3 October 2024 | 9 replies
Investing in real estate is typically about leveraging your money to control the most amount of real estate - just like the game of Monopoly!

1 October 2024 | 5 replies
Citizens only offers $100k liability compared to the typical $300k or $500k on other rental policies.