Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
Not sure why everyone wants to jump on the 'bash Subto' band wagon?
William Silva
First Time Investment Property Buyer
4 October 2024 | 9 replies
You can still get units filled during November-March, it's just colder so traction seems slower with tenants - during those months, I personally think you have to be more competitive with what you're going to ask for in rent versus what's nearby that's available/better if not same condition. 3.
Maggie Rose March
Private Money vs. Traditional Financing?
2 October 2024 | 1 reply
Quote from @Maggie Rose March: When do you prefer using private money over traditional bank loans for real estate?
Stuart Udis
Don't let the cheerleaders drown out sound advice
4 October 2024 | 16 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.
James Khail
Best place to invest for a California resident?
7 October 2024 | 34 replies
In most communities median marks the line between B and C neighborhoods.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
At March 31, 2024, these modified loans had a weighted average pay rate of 6.95% and a weighted average accrual rate of 1.86%.
Nicole Heasley Beitenman
How do I analyze an STR deal with fluctuating seasonal rents?
2 October 2024 | 13 replies
March etc. and then divide the difference by the first month to get the differential.
John Prorok
No responses from syndicator
4 October 2024 | 17 replies
Unfortunately, that also means its likely not worth fighting much beyond sending written notices as you suggest, at least not on my own.By posting this in the forums I was hoping to find others who had invested in these deals or with the operator so we could band together to find a solution.
Elizabeth M Gunther
Detroit property management
1 October 2024 | 24 replies
My dad owned a D class property and a lot in B and C class property.
Jeremy Beland
How Standing Firm Made Us an Extra $70,000 on a Wholesale Deal
1 October 2024 | 11 replies
We were hopeful everything would resolve itself.Finally, in March of 2024, we got the green light.