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21 January 2025 | 8 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.
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5 February 2025 | 6 replies
DFW is a fantastic market for multi-family investments, thanks to its strong job and population growth.
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5 February 2025 | 0 replies
So I made them an offer.
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5 February 2025 | 22 replies
You will not need to join CAR/NAR and I offer super high fee splits.
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31 January 2025 | 6 replies
Long story short, his crew blasted through the job in a few hours and the clearance test failed.
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27 January 2025 | 2 replies
Get a job in property management.
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6 February 2025 | 5 replies
Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.
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19 January 2025 | 18 replies
When I asked my agent about options to back out, he didn’t really offer any advice.
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31 January 2025 | 2 replies
.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.
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11 February 2025 | 28 replies
They may be offered at a cheaper price point relative to the coasts but that doesn't mean that those neighborhoods haven't seen population growth and appreciation.