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9 May 2024 | 13 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+, 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, 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.
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10 May 2024 | 11 replies
The lease was re-crafted when I purchased to add an appendix that strictly prohibits trampolines, pools, swing sets, and more.
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9 May 2024 | 1 reply
-It rained, and the water from the rain stayed on the roof, up until 5 inches deep in some places.
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10 May 2024 | 3 replies
We want a Mobile Home on the bay but still a close walk to the beach because we want water front but cant afford Ocean front.
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10 May 2024 | 0 replies
Included in the price of this estimate is expanding a smaller bathroom into the existing footprint of the home, a tile shower with frameless glass shower enclosure, a freestanding soaker tub, a stone countertop, and a separate water closet.Primary additionComing in at one of the most expensive things on this list, a primary addition with midrange items costs homeowners an estimated $156,000 and recoups only 31% at closing time.Bottom line- only do what you need to do to get the best 'bang out of your buck'.
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9 May 2024 | 107 replies
After that I'm going to tread water on buying C/B class rental properties.
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9 May 2024 | 0 replies
These communities often feature amenities such as fitness centers, swimming pools, and communal spaces, providing residents with a high-quality living experience without the burdens of homeownership maintenance.Moreover, the low housing supply in Sunbelt states has created an opportune environment for BTR developers and investors.
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9 May 2024 | 4 replies
Once about 10 years ago our tenant did not install their unit correctly and the water condensation was dripping into the house and actually caused part of the ceiling to collapse.
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11 May 2024 | 25 replies
Only 10% of Cape Coral had any flood water enter the buildings.
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8 May 2024 | 1 reply
They immediately contacted management to let them know one of the tubs doesn't drain and the water gets warm but not hot.