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15 February 2025 | 14 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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29 January 2025 | 40 replies
Seriously, all I can tell you is this:Showing you screenshots, and a ton of leads from my website is a direct indication of the effectiveness of what I am telling you.
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28 January 2025 | 0 replies
By focusing on effective time management, clear communication, building your network, and implementing a solid marketing strategy, you’ll be better prepared to navigate the ups and downs of the real estate industry.
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29 January 2025 | 5 replies
The cost effective way starting is partner with an established wholesaler and they provide people to reach out to or pay for lists and do cold calling/door knocking yourself.
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10 February 2025 | 29 replies
We also signed a “Notice to Terminate” which states "The property management agreement shall terminate effective May 14,2024.
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6 February 2025 | 12 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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24 January 2025 | 2 replies
Instead of inspiring confidence, they overwhelm the seller with negativity.
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1 February 2025 | 7 replies
Indoor sprinklers are so effective.
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18 February 2025 | 15 replies
However, I’m trying to educate myself now before moving there so I can make a well-informed investment.Based on my spreadsheet, most properties in the $300K–$350K range with an estimated rental income of ~$2,500 per month show a negative cash flow.
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31 January 2025 | 8 replies
Cash for keys is probably not effective since they don't have anywhere to go [most LL are not likely to rent to them] however, I plan to have that conversation and offer any assistance with moving.Thanks again