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24 February 2025 | 5 replies
I'm not an attorney but to me this offers no benefits.
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11 February 2025 | 19 replies
No personal experience with them.
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13 February 2025 | 3 replies
With absolutely no prior experience investing in real estate, I'm getting to the point/age where retirement from corporate America is getting closer and closer, however I still have 2 kids to put through college over the next 2-6 years.
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19 February 2025 | 1 reply
In reality the owner probably gets to do and pay for the repairs as the tenant has no money for things like this.
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23 February 2025 | 9 replies
One Panhandle County I talked to the tax assessor about this one time and this particular property she said the guy was old and had no money so they felt sorry for him and didn't foreclose until he passed.
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23 February 2025 | 10 replies
Now, these outfits hire lots of influencers and affiliates, with no expertise, no financial background, and apparently limited ethics, to put it kindly.
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15 February 2025 | 7 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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, 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, high cashflow and at the lower end of relative rent & value appreciation.
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20 January 2025 | 23 replies
I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes.
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13 February 2025 | 4 replies
I spent months, no, years, reading books, buying No Money Down cassettes, (Carleton Sheets, anyone?)
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20 January 2025 | 0 replies
The biggest challenge we faced is the property's proximity to a railroad, which has proven to be an impediment to the sale.