
23 September 2024 | 33 replies
One thing to look out for is how much rent the tenant will be responsible for versus how much section 8 is responsible for...although that can quickly change if the tenant gets a new job.

19 September 2024 | 13 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.

19 September 2024 | 2 replies
It’s really a wild market and variable options can cause flux in multiple directions like jobs report which you would think have been the opposite either way causes some confusion in predicting perfect storm.As a banker who funds a good number of investment purchases and primary homes each month I have seen a big drop and its over 1% on average in rates since June.

19 September 2024 | 14 replies
As Kevin said, explain to the tenant that they need to let the contractor in (with proper notice) to finish the job.

19 September 2024 | 8 replies
I was considering doordashing along with my part time job in order to cover the expenses of mailing every 3-4 weeks until I don’t have to.

20 September 2024 | 28 replies
There's so many catalysts for population and job growth (Intel, Honda, Amazon, Nationwide Hospital, etc).

19 September 2024 | 10 replies
For me, the majority of learning came “on the job” while managing my first few deals.

18 September 2024 | 13 replies
My husband and I have two properties with Pillario and they have done a great job for us.

20 September 2024 | 28 replies
I recommend looking into Columbus OH - lots of population growth, job growth, and major companies building out here like Intel, Meta, Google, Amazon, etc.

19 September 2024 | 12 replies
Is your job remote or do you think that just having one rental property will be enough to retire and live the retired life?