Vernon Welch II
Whole Rent Paid Upfront
4 December 2024 | 3 replies
@Vernon Welch II most tenants offering to pay their rent upfront are trying to compensate for negative qualification issues.NEVER override your screening process just because someone offers to pay several months upfront!
Laura Morlock
Very Cool Property - What To Do With It?!
7 December 2024 | 7 replies
All were going to be either cash flow neutral or negative cash flow.
Natalia Perlova
Tenant claims there is no heat, and it's Christmas
31 December 2024 | 57 replies
I've hated many of my tenants in my career.Given your negative feelings on the tenant I think you will feel better looking at this another way.
Robert Quiroz
Buying with cash vs financing
2 December 2024 | 33 replies
Let's assume you are only looking at deals that you could buy cash.The biggest factor that goes into the decision is whether you are taking on positive or negative leverage.
Shawn Callan
How am I supposed to buy a 2nd house!
4 December 2024 | 17 replies
As others stated, selling could be beneficial if you are going into negative cashflow.
Sushil Iyer
Is Killeen a good place to buy small multi-family rental?
13 December 2024 | 22 replies
I recognize that the cost benefit may be negated by other challenges; hence, my question.
Brandon Ortiz
How To Get Started | Bay Area
9 December 2024 | 9 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.
Celine Li
"Which out-of-state cities are good for investing now?"
16 December 2024 | 23 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.
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
Some of the negative reviews I've read on Norada (not necessarily on BP) seem to stem from not understanding Norada's responsibility in helping you meet your investment goals, nor in yours once the purchase contract is complete.
Silas Melson
Turnkey Investing Concerns
3 December 2024 | 16 replies
Its better to buy assets that will appreciate ( historic ) and be break even or a little negative.