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30 December 2024 | 15 replies
Eviction costs surged and so landlords needed to increase rents to deal with vacancy and collection loss and increase their screening standards.Then the eviction moratorium.
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27 December 2024 | 15 replies
Proof of downpayment and reserves (typically 12 months for a foreign national)4.
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6 January 2025 | 28 replies
Marketing, screening, collecting rent, unpaid rent, maintenance, capex, insurance, lawn care, vacancies, turnover costs, inspections, and so much more.
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21 January 2025 | 74 replies
You cannot make money if you cannot look legit and collect leads.
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4 January 2025 | 14 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.
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3 February 2025 | 114 replies
You will need to present proof of payment but that's about all.
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29 December 2024 | 9 replies
I've still never owned a single family rental property or collected a rent check, but I hope that jumping into development will create opportunities for others to own their own homes and rentals that will serve families for generations.If you want to follow along for more of the journey let's connect.
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9 January 2025 | 107 replies
These special taxes, as they are called, are collected the same way as general taxes (December & May) but are listed out separately.
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3 January 2025 | 42 replies
We are invested with a couple other operators as well as BAM, and I have to agree with Ivans position, its the tortoise vs. the hare....The overall proof is in the exit and I dont see that for a few years - but have been surprised before.
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24 January 2025 | 35 replies
He is trying to collect all the hurting students for his new investment company.Tyler Deveraux and Ryan Woolley are both starting new companies.