Torrean Edwards
TR, I am an investor from Milwaukee.
27 December 2024 | 27 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.
Christian Jones
Best Property Managers in Columbia
26 December 2024 | 5 replies
Just remember: most negative reviews are written by problematic tenants.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
I as a lender as part of settlement had our servicer unwind some negative reporting.As a sidenote I saw a post online somewhere else where someone who had an owner occupied home for several years relocated for work and teh servicer sent a letter telling them they are not in compliance with their loan because it must be owner occupied for the entirety of the loan even though the loan docs say one year....Again, servicer overstepping their bounds
Dan Attivissimo
Aspiring new investor
28 December 2024 | 11 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.
William Vreeland
Section 8 Indianapolis
21 December 2024 | 6 replies
The negatives are what you will read in the articles.
Aaron Fuller
Help me decide if this deal is worth it.
18 December 2024 | 2 replies
You need to know for sure.Even if you raise the rents, the property is still a negative cash flow, so it doesn't make sense.There are always comps.
Alex Silang
Mass deportations: will it affect rental markets?
21 January 2025 | 60 replies
Not looking for either a positive or negative NET population change.All topics and issues even in REI, I believe in using both Push/Pull tactics.
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 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.
David Lewis
Boston - Has the ship sailed?
22 January 2025 | 36 replies
Second, you don't want to operate at a net loss, it's money out of your pocket every month and essentially negates your equity gains over time.