Benjamin Carver
Short Term Rental & Mid Term Rental Strategies for Raleigh-Durham NC
13 January 2025 | 12 replies
Heads in beds means more revenue.
Steven Nguyen
Advice needed--BRRR- SFH
21 January 2025 | 4 replies
If the permanent financing will allow you to recover most of your initial investment and the fair market rent covers the principal, interest taxes, and insurance with cash left over, you have a BRRRR.
Parker Bullard
Trying to Break Even by Leveraging Equity
3 February 2025 | 10 replies
It can also help cover HELOC payments if you find a property with solid equity potential.
Max Briggs
Trans union smartmove
4 February 2025 | 4 replies
One of my applicants showed up with little credit but no defaults, no evictions, and only traffic violations and verified income high enough to cover well over 3 times the rent and I accepted the tenant despite there being some signs.He paid the rent in time for the most part until a few weeks ago when he stopped and I could not get ahold of him.
Rob Anteau
How Can I Improve My Welcome Basket Guests?
6 February 2025 | 18 replies
Plus a jar of mixed chocolate covered espresso beans.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Mitchel Johnson
College Senior Getting Into Multifamily properties
3 February 2025 | 5 replies
Split the $20 to buy yourself lunch and dinnerIf you are on the road, daily per-diem should cover a lot of your day to date living costs.If they send you on the road, you can potentially airbnb your house.Best of luck!
Jacob Riddle
Hey everyone!! im new and READY. located in flint
26 January 2025 | 5 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
2 February 2025 | 9 replies
The carpets covering the stairs are matted down, stained, and especially smelly.