Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 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.
Francis Van Steen
Anyone have experience working with Praxis Capitol
31 December 2024 | 14 replies
I had a very pleasant phone conversation with Bob (SVP of Praxis) a few days ago and his knowledge and approach was aligned with how I operate.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 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.
Katharine Chartrand
Someone bought the right of redemption.
19 December 2024 | 8 replies
the investor may or may not seek to redeem the rights up to that point. i can't get them at this point.and who knows when the judge will approve the sale.now, of course, i regret not approaching the owner for the redemption rights prior to the sale being approved.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
19 January 2025 | 9 replies
I want to work with providers and companies that can accept responsibility and take a "customer first" approach, rather than getting defensive and making accusations, and your response is John actually hurts you more than helps.
Jonathan Baptiste
How to stock your airbnb best practices
18 January 2025 | 16 replies
This approach balances guest convenience with managing costs and inventory.Happy to connect and share more tips!
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
There're some alternative planning approaches, but they are always case-by-case.
Akshay Monga
H1B Couple Exploring Real Estate Investing: Seeking Strategy Advice and Networking
26 December 2024 | 7 replies
Does this approach make sense as a first step for us?
Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
The income approach might also be used, evaluating the potential rental income the ADU could generate.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
While it’s possible the machines could keep on chugging for years to come, I always like to take the conservative approach.