Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 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.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 161 replies
Second, you left out the fact that owners who don't/didn't clean up -- in Florida or elsewhere -- had their land cleaned up by the government (local ones too) and then the land was seized or liened if the owners/insurers dragged their collective feet.
Bruce Lynn
BIG MISTAKE....in Tiburon-Marin County. Investor bought the HOA pool.
17 December 2024 | 13 replies
Sometimes maybe often times they aren't doing enough to track down the owner or owner's heirs and just collecting checks from the court.
John Dallas
Wanting to retire with a few cabins in the Western NC mountains.
19 December 2024 | 8 replies
Build 2 or 3, get them running, collect some cash-flow, and see how the business goes.
Brandon VanTuinen
First house hack - too expensive?
20 December 2024 | 9 replies
For example:Current rental unit: you collect $2500 in rent.
Alec Jacobs
What systems/processes do you use for managing your rental yourself?
8 December 2024 | 4 replies
1) I always use zillow to list new properties and use there platform to accept zillow applications2) Doorloop for management that includes accounting, repository for documents like leases, collect rents, tenant communications3) Received lease agreement from a lawyer
Maegan Quaife
To Sell Or Not To Sell
16 December 2024 | 3 replies
If you don't want the property any more a 1031 is probably your best bet, unless it's got a huge capital gains capture in which case you could just take your tax lumps and collect your funds.
Saul Clavijo
Multi family investing
16 December 2024 | 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.
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
So should your facilitator.4) As a trustee, you can now write a check or wire money into any investment that follows retirement plan rules (no artwork, collectibles, alcohol, insurance, etc., and no disqualified parties).
Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
I have a C-Corp (no assets) as the Prop Manager to manage leasing and rental collection for all 4 LTRs.