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11 January 2025 | 9 replies
Just remember: most negative reviews are written by problematic tenants.
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3 January 2025 | 2 replies
I'm a rookie in whole selling , I only have the knowledge that social media has and I think I understand how it works but have no idea of where to start or how its pretty frustrating not being able to provide for my family the way I want to and I could really use some advice or maybe tutoring in this subject, I just turned 20 and I want to have a good life in this economy I could really use any advice thank you so much.
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5 January 2025 | 18 replies
I do not care what the source of the return is Historically the highest return is via a value add and appreciation and is more so recently due to the recent rate increase versus earlier this century (before 2022).However, most new RE investors cannot handle extended periods of large negative cash flow.
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15 January 2025 | 8 replies
I only get $200 a month rental income after mortgage is paid.
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1 February 2025 | 56 replies
In the example you outlined and in the case of what a lot of people are doing right now (super high LTV underlying, negative equity on wrap, 100% financing for the buyer, low note rate, etc), then no, this wont work, primarily because whomever created the wrap note is either an idiot or a fraud.
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11 February 2025 | 25 replies
The negative is it doesn't have a mobile app (yet.)
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8 January 2025 | 5 replies
This year we cleared about $530k revenue which was like a 3.5x from last year which returns were negative for 2023 , but I'm assuming that's not going to be the case for 2024 once we file.
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29 January 2025 | 68 replies
Indeed, she goes into great depth describing the negative impact on both the residents of parks and the community at large.
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7 January 2025 | 4 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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7 January 2025 | 2 replies
With 5% down payments and all the expenses deducted, there seem to have close negative/only around $100 cash flow each month.