Mitchell Kosek
What do you wish you knew before buying your first property?
11 October 2024 | 14 replies
I'm currently 23 and have access to around 40k liquid to buy a home when my lease is up in March of 2025.
Devin James
Mortgage Rate Drops
16 October 2024 | 22 replies
That's about 1.5-2% away so likely at least another year, if not longer, unless the Sep expected cut was too late and they rectify it by March being more aggressive.
Kyle Swengel
Who Else is Doing Mid-Term Rentals in Tucson AZ?
13 October 2024 | 11 replies
Closing on a place at the end of Jan and it has snow birds there already through March.
Kenneth P Ford
Property Manager Review
14 October 2024 | 9 replies
I moved my properties over to Roost in March (who also operates in Dayton) and have been very happy with them.
Jeremy Beland
My First Wholesale Deal – Lessons in Trust and Persistence
11 October 2024 | 8 replies
In March of 2017, I closed my first real estate wholesale deal.
Tanya Maslach
Doing a deal in November/Dec in Colorado?
11 October 2024 | 7 replies
The Front Range market has a very pronounced seasonality to it: March-June is "selling season" when the bulk of the listings hit the market and all of the retail buyers are out hunting.
Brandon Foster
Rental Vacancies in North County San Deigo
8 October 2024 | 1 reply
Tenant moved in march 1, so ~7 weeks to rent (it took a week to get unit ready).
Scott Glozzy
Listing my STR in the offseason as a Mid-Term rental
11 October 2024 | 11 replies
I'd like to list it as a mid-term rental in the offseason October- March and I'm looking for some guidance.
Joseph Beilke
Palm Coast FL Realtor and Newbie investor!
9 October 2024 | 11 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.