
26 November 2024 | 9 replies
Your best bet if you want to wholesale (I don't know why anyone would) is to find a high volume local wholesaler and work for them for a while before going out on your own.Hello Jonathan,I appreciate your perspective, and I wanted to share more about my situation.

28 November 2024 | 10 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.

20 November 2024 | 5 replies
But that could have been because we priced them high to start, especially the second one because of its prime location with no new construction comps.

26 November 2024 | 2 replies
I also liked the fact that it was structurally sound with concrete block construction, a tile roof, and high elevation.

26 November 2024 | 18 replies
Megan Luckily the math part isnt too high level just addition, subtraction, some mulitplication and division but we as a community can all help you through it.Leave the complicated math for the wall street quantative analysts and derivative traders.

26 November 2024 | 13 replies
I would highly recommend proactive tax planning if you are in this situation.

20 November 2024 | 3 replies
I dont know the area, or the county for that matter, whatsoever.I did some preliminary due diligence on Clinton, including 5-year population trends, demographics, rental rates published, and some other region-specific data.

25 November 2024 | 5 replies
If you are selling hundreds of homes, its highly irregular to only have 6 rentals.

27 November 2024 | 7 replies
Home prices in Massachusetts are way to high and I don’t have the 20% right now for a down payment.

25 November 2024 | 12 replies
LeadSherpa is a good service i had a lot of experience with if you want to go that route.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.