
24 October 2024 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

23 October 2024 | 8 replies
It’s tough to be in a position of uncertainty, but getting informed and organized will help you navigate this situation.

22 October 2024 | 18 replies
Become a syndication Co-GP by lending the escrow funds for the true GP where you receive 1% of the GP share of project upside, then create website and social media marketing materials where you hold yourself out as THE GP for the syndication.5.

22 October 2024 | 9 replies
Check the Meetup website for stuff in your area, also https://nationalreia.org/

21 October 2024 | 8 replies
We also have a decent savings account and a strong income, so we’re in a good financial position to make some moves with these properties.I’d love any advice on how to proceed, including options I might not have considered, and how to best manage or renovate these properties for the long term.

22 October 2024 | 20 replies
If the window will not stay in the open position, an inspector, who checks that specific window, will fail it and require repair in most jurisdictions.

22 October 2024 | 23 replies
Now you are instructed you can put "GP" or "Owner" of 50, 100, 500 etc. units in your social media or your website and just like that you have yourself a track record.

21 October 2024 | 0 replies
Before I looked at the deal, here's what I asked from him:The purchase and sale agreementRehab breakdown documentation2 HUD statements of previous dealsDeal info (Property profile, funding, security, repayment plan, etc.)Title company involved in the transactionWhat I also asked for was a term sheet from the hard money lender that was lending at first position.

22 October 2024 | 2 replies
(both loans assume 15yr fixed) That gives a positive cash flow of 350/mo. much better.

22 October 2024 | 0 replies
In this transaction, the value added wasn’t through physical renovations but rather through quick market positioning and strategic timing.