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9 February 2025 | 3 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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6 February 2025 | 7 replies
When it comes to finding good wholesalers, a few approaches have worked well for me and others in the industry:1.Local Networking & Meetups:Check out local real estate investor associations and networking events in the Akron/Cleveland area.
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22 January 2025 | 25 replies
One approach that I have not seen included in the discussion is as you are still in the planning phase, you could change your approach and the facts to make it more favorable for your strategy.
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10 February 2025 | 62 replies
I know some will differ here but I will offer my personal opinion like many others have.
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15 January 2025 | 1 reply
Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.
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3 February 2025 | 4 replies
We’re considering reaching out to local hospitals to offer it as housing for travel nurses and doctors, but we’d love to hear any advice or suggestions on the best approach this?
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7 February 2025 | 1 reply
If you’re trying to scale, think beyond the one-man show approach—find ways to work with wholesalers, rehabbers, and syndicators.3.
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7 February 2025 | 7 replies
It's all in how conservative you are in your approach to underwriting your deals.Even when a Seller says they've improved the property, the tenants are still tenants and do damage to brand new improved units.
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7 February 2025 | 2 replies
I personally know several blue-collar millionaires from HVAC techs to plumbers.
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28 January 2025 | 8 replies
Would this be more in line with the "gifting" approach?