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8 January 2025 | 12 replies
@Nick WimmelYou can get decent cash flow and demand for rentals is likely to stay strong in the area given the proximity to major job centers in Cincinnati and Dayton
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26 January 2025 | 32 replies
Most majority of the stuff that i found out about the company is a scam.
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4 January 2025 | 35 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, immediate cashflow and at the lower end of relative rent & value appreciation.
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18 January 2025 | 17 replies
We manage 275 residential properties with the majority of those in Sherman/Denison so I feel uniquely qualified to chime in.Generally speaking, 3 to 4 bedrooms are the most popular and for a new build, they will lease anwhere between $1600 - $2200 depending on the area, size and amenities.
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13 January 2025 | 4 replies
Having developed a majority of my career in CA the regulations and red tape for construction and development are intense.
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3 January 2025 | 3 replies
@Derek Heinz you might be better off finding a major fixer-upper, getting a hard money loan (HML) to acquire it.
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21 January 2025 | 10 replies
Then you can at least see if there is any major variance in pricing.
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13 January 2025 | 11 replies
We did major renovations and repairs on both units for about 40k total and were able to get rents up to $1250.
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23 January 2025 | 15 replies
You can say the best out of the limited number of lenders they have signed up under their company but not in general to the vast majority or finance options under all banks and lenders.
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27 January 2025 | 56 replies
Although it was hyper competitive and timing was super critical on the majority..