Mitch Smith
How Tiered Returns Has Helped Us Structure Our Private Lending Deals
17 January 2025 | 3 replies
Transparency, regular communication, and clear milestones have been critical to making this successful.For those of you who are considering working with private lenders or want to improve your deal structure, I hope this gives you some food for thought.
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
My 17-year-old daughter is still in high school, but she saved up $20,000 in 14 months as a waitress in a town of 10,000.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
The dishwasher may have a grinder in it for food particles, and the discharge might go into the disposal.
Matthew Shelp
Blythe, CA - Buy and Hold Properties?
25 January 2025 | 6 replies
When I think of Blythe, CA travel centers, gas stations and fast food chains come to mind.
Michael Elliott
STR's in Kissimmee, FL
22 January 2025 | 22 replies
I’ve seen Windsor hills and it looks nice, hoa seems high though.
Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 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.
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
Some high and lowlights:- I had one tenant that brought German cockroaches in and then blamed it on me- Same tenant asking if her daughter can visit but failed to mention it was 5 more very noisy people- another tenant having constant loud arguments with his gf- tenant saved some of my stuff when the house flooded due to a pipe burst and another time during a monster rain storm.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
Those remote flips and high cash flow rentals are so tempting on paper, but they rarely go well in reality.
Andreas Mueller
Insurance is on Fire
25 January 2025 | 0 replies
One BIG asterisk here, Progressive significantly scaled back in some high risk areas, most notably California, in 2023.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
24 January 2025 | 13 replies
The members of this forum can give you a lot of food for thought, to think of what you don't know:)How many years until you retire?