Sergio P Ramos
Would you purposely burn down a property? Crazy? Or not possible?
27 December 2024 | 21 replies
I have run them before but not my day job.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Is this a highly populated area, are there lots of jobs, are people moving to the area or is the population declining?
Yosef Sara
Need Advice: Contractor Dispute Delaying Project Completion in River forest
17 December 2024 | 1 reply
I wouldn't use them to complete the job, they've already shown they aren't doing quality work.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
I stack cashflow for capex and repairs because I have a decent W2 job that I live off of.
Sri S.
Which short term mgmt software is better for sending automated messages, pricing
29 December 2024 | 9 replies
My first PMS was Guesty which did a great job with automations IMO.
Christopher R.
Homeowners Insurance/Landlord insurance/Umbrella insurance
26 December 2024 | 14 replies
It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residenceGood Luck & feel free to PM me if you have any questions.
Thomas Farrell
BRRRR with ~400k Capital
11 January 2025 | 15 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.
Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 replies
It's crucial to choose a market with steady job growth, low vacancy rates, and tenant demand.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
16 January 2025 | 12 replies
I have no w2 job, a lot of toys (need to get a plane), can do what I want, can assist my son to find his way in life (he is leading his 2nd rehab) and if I wanted I have generational wealth (I have given away a lot money the last few years).