
16 March 2024 | 58 replies
While the lender pool on DSCR for STR has shrunk to cash out equity, it is for this point in time.

16 March 2024 | 4 replies
I am a seasoned multi-and-single-family property manager in the Charlotte (and surrounding) area.Vendors: I always ensure to connect with at least three specialists in the same field, for example: carpet cleaners/replacements, roofers, emergency services (water extraction or organic growth remediation) this way when it comes time for their services you can get a bid from each of them.

15 March 2024 | 6 replies
i would stick to upto 4 units not to cut out the house hacker buyer pool

16 March 2024 | 21 replies
Unfortunately saved me 2x in last year - both for water damage in 1 bathroom apartments, required move-out.

15 March 2024 | 21 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

15 March 2024 | 4 replies
Each class has different tenant pools, appreciation, turnover rates, etc.

15 March 2024 | 6 replies
With single family, you have a much better buyer pool when you go to sell.

16 March 2024 | 13 replies
Seems like there is blood in the water?

14 March 2024 | 2 replies
@Ash Morim 2 items will determine what companies will be interested; Crime in the area and does it have a pool.

15 March 2024 | 31 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.