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7 October 2024 | 34 replies
In most communities median marks the line between B and C neighborhoods.
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4 October 2024 | 11 replies
If you're interested in learning more about creative financing, you could check out the BP book "Wealth Without Cash" by Pace Morby.When getting started, I recommend narrowing your focus and choosing one specific investing strategy you want to pursue that makes the most sense for you right now.
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4 October 2024 | 9 replies
Yeah, I’ve narrowed it down to LTR.
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30 September 2024 | 4 replies
I am looking into replacing a refrigerator and I have narrowed it down to LG or Whirlpool.
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4 October 2024 | 16 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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4 October 2024 | 17 replies
Unfortunately, that also means its likely not worth fighting much beyond sending written notices as you suggest, at least not on my own.By posting this in the forums I was hoping to find others who had invested in these deals or with the operator so we could band together to find a solution.
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1 October 2024 | 24 replies
My dad owned a D class property and a lot in B and C class property.
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30 September 2024 | 8 replies
There are good areas for rentals in pockets all over town so don't think of this like a big city where you might have to narrow down your area to one suburb or specific area of town.
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1 October 2024 | 12 replies
Starting with a lender will be able to help you determine what you're able to purchase, which will ultimately narrow down the area you're potentially looking in as well.
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4 October 2024 | 35 replies
I am the first B and the first R then get taken out on the refi..