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29 January 2025 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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29 January 2025 | 4 replies
These small conveniences can save you time and money in the long run.For rent collection, you can try Rent.app, which is easy for tenants to use and keeps everything streamlined.
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29 January 2025 | 3 replies
Try not to get locked in too long 4. we're not necessarily looking to go "all out" in terms of theming, but if we did, what kind of revenue does that bring/ROI can you expect, and which Renos for theming are best to do from a cost-benefit analysis, and what do they typically cost?
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4 February 2025 | 11 replies
I would keep the brokerage account and focus on the tried-and-true practice of saving up for a new investment.
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4 February 2025 | 14 replies
Try to anticipate other potential avoidable situations with a follow up inspection to assess the Locksmith’s work and ask your tenant(s) if you can also use the time to assess for other issues such as unchanged HVAC filters, leaky pipes, working shutoff valves, working smoke detector batteries, properly working downspouts, clogged dryer vents, evidence of water damage from leaking roof, etc,etc,etc.
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21 January 2025 | 9 replies
I live in San Diego and am trying to purchase my first investment property I have about 150K to put down but am struggling to find deals that meet my price point.
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25 January 2025 | 2 replies
I am trying to tabulate Business that may have higher depreciation but yet help me build wealth in form of real estate or potential customers for variety of services.
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19 January 2025 | 55 replies
I tried giving you a call and got your voicemail (inbox full) but I will try you again tomorrow.
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22 January 2025 | 10 replies
just trying to figure out how this thing really works.PS Dave.
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28 January 2025 | 19 replies
Wait for her to bring it up.Don’t focus only on sacrifices and future payoffs.Highlight near-term benefits, not just “someday we’ll be rich.”Don’t force or bribe her to attend meetups.Invite her but dont push itDon’t try to teach them to analyze deals.Focus on what excites themFYI I had to deploy before my wife got on board.