
5 September 2024 | 9 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.

3 September 2024 | 3 replies
I agree on the advice regarding sales if you won't hate it. 90% of your job as a business owner is going to be sales - especially at the beginning.

5 September 2024 | 11 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, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

4 September 2024 | 25 replies
Most agents are pretty awful at their job and secondly, the good ones may not want to deal with you especially if you have an attitude.

3 September 2024 | 10 replies
A Short Term Rental is a Part Time Job.

2 September 2024 | 0 replies
These projects are poised to create numerous jobs in engineering, construction, and maintenance, leveraging skills from the local energy sector.In addition to its environmental impact, this project contributes to the local economy by offering new job opportunities and supporting workforce development through collaborations with the Kern Community College District and the California Renewable Energy Laboratory.Rep.

4 September 2024 | 8 replies
It's required by ordinance that the water be changed between each guest.There may be a certain amount of trial and error as you work with your cleaning/maintenance staff, communicate well with them but give them space to do their jobs, and if it doesn't seem to be working out, go to someone else.

4 September 2024 | 10 replies
Now I’m down to only 1 rental, $200k HELOC on my primary, 800+ credit score, and a high income job.

3 September 2024 | 11 replies
Have you been in this job for 2+ years?

4 September 2024 | 9 replies
This decision can impact your time commitment and the overall profitability of your investment.Location: Focus on areas with strong rental demand, population growth, and good job markets.