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22 January 2025 | 2 replies
I think we do a very good job of helping investors to focus on the most lucrative prospects.
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17 January 2025 | 7 replies
It is hard and will be a full time time job to do it right.
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10 January 2025 | 2 replies
He learned a lot about what to do himself, what jobs to hire someone for, and just how long it can take when you are by yourself.
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19 January 2025 | 10 replies
The big pros are the strong job market (lots of major employers), good population growth, and still-reasonable entry prices.
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18 January 2025 | 15 replies
Since you have work history, if you get a job with salary income and a credit score above 640 (680 realistically), a conventional cashout refi is within reach as soon as you reach those metrics.
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15 January 2025 | 6 replies
Your job is to make sure they are covering what they need to cover for the property.
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29 January 2025 | 21 replies
They're investing tons of money into those areas, and attracting a lot of good renters who work in the medical profession and will pay good rents to live close to their jobs.
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10 January 2025 | 1 reply
I’m thinks just pay him his regular price for the job and throw him 5-10% finders/gc fee instead of making a 70/30 split or something like that.
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15 January 2025 | 10 replies
Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.
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29 January 2025 | 10 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.