
2 October 2024 | 10 replies
If the number is really high than the contractor may not want the job.

3 October 2024 | 26 replies
I currently have a job in Denver, so I plan to be here for the next 3 - 5 years at least.

2 October 2024 | 6 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.

4 October 2024 | 17 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.

2 October 2024 | 71 replies
Not trying to make myself a new job, just want to be able to have the stability and retirement option.

1 October 2024 | 2 replies
Market Research: Study the local market trends, job growth, and property appreciation to ensure long-term profitability.

30 September 2024 | 6 replies
Otherwise, Steven Silva with Simple Staging did an amazing job with the staging and the photos.

3 October 2024 | 15 replies
That said, it can be done and done successfully if you plan in advance, build your team (contractors, subs, back ups, lenders, credit with suppliers, escrow/title, real estate attorney, mentor, etc.) get educated on finding (marketing) for deals, rehab costs, locations, market data (like crime rates, school ratings, population growth, job growth, etc), specific market insights like what is most popular and sells for the most in your area, etc

1 October 2024 | 1 reply
However, I have almost no trade skill knowledge so I'm looking at demo, cleanup, yard work, etc. type of jobs.