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29 January 2025 | 12 replies
@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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31 January 2025 | 44 replies
A typical BRRRR in DC creates $200k in equity.
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4 February 2025 | 7 replies
There is typically one or more heir that feel he or she deserves more then all the other heirs because the took care of auntie or uncle and hires an attorney to contest the probate.
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8 February 2025 | 12 replies
Seasoning for ownership typically starts on the purchase date.
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10 January 2025 | 6 replies
National banks typically do not offer products that suite your needs here. 2.
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8 February 2025 | 22 replies
The other tenants would call the management company on Saturday to report the air conditioning failure and were told that a service person would fix the problem on Monday.
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26 January 2025 | 2 replies
HUDuser.org is great for vacancy rates, but cross-referencing with local market reports is important for more context.For job diversity and employers, LinkedIn or regional economic development websites often provide insights.
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30 January 2025 | 56 replies
Everybody who invests in Southeast Mexico, including myself, knows that the typical property doesn't offer ROI upwards of 10%-15% but way less.
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4 February 2025 | 2 replies
"the typical home warranty costs $450 annually, and only 25% of premiums are paid to homeowners.
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8 February 2025 | 6 replies
Interestingly, the premium for the single-family rental is about half that of the 4-unit property.I’ve owned rental properties for over 34 years, so I have a solid understanding of how premiums and coverages typically align with property values.