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Results (10,000+)
Christina Hall Best skip tracing website?
29 January 2025 | 40 replies
Quote from @Stephen Bezouska: Quote from @Chad C.: I have similar result, only like 30 - 40% of data yield valid phone numbers.
Matthew C. Advice on multifamily vacancy
13 January 2025 | 11 replies
@Matthew C. several thoughts:1) Appears you have a Class C or D property. -- Thus, you can expect to get Class C or D tenants, which have a 15-25% probability of defaulting on their lease payments.2) If your PMC is lowering FICO to 550, what are they doing to improve their screening in other areas?
Nicholas Woo what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com  who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
Steven Rosenfeld What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
And also, with so many 506(c) operators out there, google the name of the new deal and see if you are finding someone else marketing the same deal and ask why.At the end of the day, it can be hard to tell.  
Steve S. What type of locks do you use for external doors on your rentals?
25 January 2025 | 18 replies
.), but the bedrooms are regular keys, as @Jonathan C. mentioned for the front door, the unit is set up to send me an email when the batteries are low. i also have another student rental ( 8 rooms, 2 entry, 2 units + utility room) one master key and each bedroom has its own key that will get students in the entry, there unit, and there own bedroom. had a locksmith do that one. cost me a few hundred dollars with keying and supplying the locks ( 13 total ). i like both setups but may look into the landlord locks again for my 3rd student rental i just purchased.
Larissa Leeper Flipper… ready for rentals!
20 January 2025 | 17 replies
I don't know anything specific about the Cincy market (and what the type of neighborhood this one is in - (A, B, C, etc.), but I've been told it's very similar to where I live in St.
Matt McNabb Building Future Cashflow Portfolio
15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Kolby Knickerbocker what questions do you ask/data do you analyze to select investment markets?
15 January 2025 | 5 replies
C-class for cash flow)I agree with @Evan Polaski that you need to know the market inside and out before you invest.
Thomas Farrell BRRRR with ~400k Capital
18 January 2025 | 16 replies
@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?