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23 January 2025 | 56 replies
When I mentioned I wanted to come out to Spokane to see the finish of the house out there and be there for the open house, he started insisting that I totally demo the entire house in Indiana.
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2 January 2025 | 30 replies
Once you get a year or 2 under your belt, you can see the trends for your area and decide for yourself, based on your experience, if a single platform is the way to go for your property.EDIT - I did a search in Chicago on AirBNB out of curiosity.
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11 January 2025 | 420 replies
You can even do this: in cell D73, enter this formula: =3000-F73You will see the numbers change.
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3 January 2025 | 18 replies
I think you'll see things pick up in January.Some other tips:1. put the toilet lid down.2.
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30 December 2024 | 7 replies
You can get some estimates from contractors for what they charge for big ticket items like to renovate a bathroom, renovate a kitchen, replace the furnace, replace the roof, etc.All wholesale deals should have free and clear title and you should be able to see the sales agreement before submitting the earnest money deposit.
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5 January 2025 | 33 replies
There are multiple billion dollar companies dumping money into the city, such as Intel, Google, and Amazon.I'd be happy to share some areas where you'll see the most cash-flow.
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1 February 2025 | 56 replies
Non of us, no matter how experienced, have a crystal ball that we can look into and see the future outcome of an investment.
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6 January 2025 | 14 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.
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31 December 2024 | 57 replies
In person is always better than sending a contractor, because you get to see the unit and talk to the tenant.Not sure where your property is located.
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4 February 2025 | 87 replies
And as a person who's done a fair # of CD's, I see the averages reflected that >50% don't execute.