Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 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.
Ezra Avery
Hello & Thank You
7 January 2025 | 5 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.
Jason Malabute
HAVE YOU INVESTED WITH BAM CAPITAL?
3 January 2025 | 42 replies
Class A is distributing faithfully at 10% every month.
Rob Barth
Renting properties at or below mortgage payment
9 January 2025 | 12 replies
Is it a bad idea to invest in properties where you would be able to collect rent that is equal or a little less than your mortgage payment?
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
I agree with you on not being able to collect on judgements.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
You can use it for rent collection, leases, tenant vetting, the list goes on.
David Martoyan
Adaptability - Profitable Skill
4 January 2025 | 0 replies
But I know there’s so much to learn from the collective wisdom of this community.Let’s share some insights:What’s been your most successful recent deal, and why?
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 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.
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
9 February 2025 | 36 replies
He is trying to collect all the hurting students for his new investment company.Tyler Deveraux and Ryan Woolley are both starting new companies.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Rather than use credit score as a criteria, I reject for consumer accounts in collections and unpaid civil judgments.