Marc Shin
refrigerator water dispenser is not working
2 January 2025 | 25 replies
STR it will cost you big.this isn't a difficult job depending on the fridge location.
Michael Beirne
Section 8 BRRRR in Baltimore
11 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.
Anthony Miller
Aspiring Residential Investor
7 January 2025 | 11 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.
John Voychick
Do not use Suncoast Property Management in Jacksonville
4 January 2025 | 29 replies
I drop them and use a competent local RE agent, who did a great job.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
The problem many of us run into is being in New England, many of the markets are high cost, high appreciation markets that we either can't get pre qualified for, or even after moving out will struggle to cash flow.Another big constraint is that many of us have W-2 jobs in engineering that require some days in the office, and these types of higher paying jobs are primarily in major cities (most of us are in the Boston area).Lastly, a lot of us have significant others that may be less interested in living somewhere "random" because it makes sense as an investment.
Michele Hart
Inherited a house with my 2 brothers
6 January 2025 | 9 replies
It's a part time job now.
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
For starter, I am married to my 9-5 job and looking for a way out.
Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
I agree with @Jonathan Greene that the question is vague, so my advice will have to be as well.The short answer: MTRs are real estate, so just like all real estate, any place that can long-term-rent cash flow with increasing jobs/population can be a suitable site to purchase.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
15 January 2025 | 12 replies
Is it wrong they tell the investors if asked to say they are "partners", or "contractors" just bidding the job?