Ella Spann
Is a duplex the best option for our FHA loan?
26 December 2024 | 3 replies
Not only can you collect rent to go towards your mortgage, you're also building equity that can potentially be used down the road for your next home or investment.
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 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.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
So, you invested $10K, and now you've collected $116,161.92, a "profit" of $106,161.92!
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
I am guessing they probably raised $15-25M from investors for the deal, so while the bank would still be covered investors would appear to collect maybe 10-20 cents on the dollar if they were to liquidate.if that's the case then I don't see buying one year really does anything unless I am missing something ?
Avery Oblepias
Section 8 Tom Cruz
10 January 2025 | 22 replies
Quote from @Terrence M Brannon: Quote from @Garrett Cuppels: spent $15 on a book about Airbnb rentalSkip the Flip by Hayden Crabtree which was freeHow To Start A Profitable Airbnb Business in 4 Weeks: Optimize Your Profits and Go From Side Hustle to Passive Income With Minimal Effort What book did you buy?
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
. -- They have fixed fee structure to compare with anderson advisors without any blatant selling tactics https://www.kbkg.com/" class="redactor-autoparser-object">https://www.kbkg.com/https://go.empiretaxusa.com/61...If you attend any tax-wise or other 3 day events with anderson which costs $197 + travel expenses you will get enough knowledge on how they operate and you should be able to understand what LLC structure is beneficial, also they have a large collection of online videos with plentiful of information on youtube and tax tuesday webinars.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 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.
Chandra Faulk
How long does it take to find a qualified tenant?
27 December 2024 | 19 replies
So, even a small negative like a $50 unpaid cell phone bill that goes to collections when you switch carriers tanks their score.
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
Collect money, not properties.
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
A private lender is optimal (so you don't have to use all of your cash and can scale easier if desired) because you may not have to jump through as many hoops.