Matthew Posteraro
Conservative Scaling for House Hacking
20 January 2025 | 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.
Dylan Harris
Best Skip Tracing Options?
10 December 2024 | 5 replies
There are many options for skip tracing, most just send a query to a single database while others hand-scrub the lists for the results.
Jason Mitchell
New Detroit Rental Investor
8 January 2025 | 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.
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
23 January 2025 | 12 replies
Some of them have converted to flips, but I do not do flips because it is a job (stop flipping, stop earning).
John Matthew Johnston
Nurse to property management company
5 January 2025 | 9 replies
@John Matthew Johnston 80% of the time, it's a thankless job:(You're never fast enough for complaining tenants, nor fast enough or cheap enough for owners.To have any chance of success, you have to be extremely organized, or every day starts with your hair on fire!
Tomas Falcon
21 and want to get into the community
28 December 2024 | 7 replies
I would focus on getting a solid job/career then going into a house hack.
Kris Lou
Any local Investor Meetups?? Looking to network!
30 December 2024 | 3 replies
You may also want to check the Columbus OH market - great macroeconomics with lots of job and population growth along with major companies developing here that drive strong rental demand.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
Credit, jobs, income, age, married, plans for future all this matters.
Itay Heled
Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
They will likely first check their own company's database (that's why you register at ALE Solutions), then they will move on to all of the usual platforms you (and they) have heard of.
Colin Ford
BRRR long term buy and old for STR or long term rentals
12 January 2025 | 12 replies
It’s super important you prioritize the end product: something that gets the job done well as an STR.