Cosmo DePinto
Investing in Huntsville
30 January 2025 | 5 replies
The market is soft now, but with the new administration, we are going to see a lot more jobs coming in.
Kobina Grant
Excited to join the community
22 January 2025 | 4 replies
Hey Kobina, nice to see you here.
Christopher Heidrich
Stuck in analysis paralysis and in the military
30 January 2025 | 7 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.
Derick Jennings
New to this
3 February 2025 | 15 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.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
The vast majority of contractors won't want to give bids on properties while under contract unless they have a relationship with that person from prior jobs.
Matthew Steele
Tenant moved out sort of?
3 February 2025 | 14 replies
However, you must have reasonable limits and hold to them.I give a great example in my book where a tenant abandoned a 2,000-square-foot home full of nice furniture, expensive jewelry, a brand-new $2,000 rifle still in the box, etc.
Josh Chapman
RESimpli CRM Pros & Cons
7 February 2025 | 31 replies
From the videos I watched and everything I read I think RESimpli does a good job of that.
Trevor H.
How to Appeal Property Tax Increase
8 January 2025 | 6 replies
Anyway, the current auditor set the current rates, and is still at the job..https://www.hamiltoncountyauditor.org/
Ben Syzek
New Investor Interested in Colorado Springs and Salt Lake City
6 February 2025 | 18 replies
The markets open up if you are not planning on doing the management yourself.There are many markets that are growing in population and jobs throughout the country if you are willing to look at OOS investing.
Enrique Toledo
Seller financing financial questions
27 January 2025 | 7 replies
If you don't want to put a single dollar down then you can just structure a 100% financing with the sellerHey Ko, it’s nice see you again.I’ve spoken with the seller and they want a 10% down.I think I’m going to wholesale this deal if I can get good terms, but every once in a while I come across a good deal that I would like to purchase as a buy and hold.what type of loans would you recommend for traditional buy and hold?