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7 February 2025 | 49 replies
Participants are continuously told “we’ll cover all these details so you can do this too in just a moment”, the moment never arrives.
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23 January 2025 | 23 replies
Basically a pre-nup agreement.
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23 January 2025 | 2 replies
Part of the reason coastal values haven't quite scaled to heights of neighboring states is the remoteness and lack of winter sports and high end amenities and entertainment, but that doesn't mean trophy estates, ranches and homes don't exist.
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28 January 2025 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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21 January 2025 | 10 replies
The older the home the more difficult (and therefore expensive) it's likely to be to restore a home to pre-loss condition2.
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23 January 2025 | 24 replies
Perhaps this "no inspection" buyer existed 2-3 years ago at the height of the market.
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28 January 2025 | 10 replies
Alot of unknowns as you don't have the ability to walk the property beforehand, but interesting process, and pretty good deals exist there.While the Trustee Sales are cash purchases, there are many hard money options that can turn over the funds in time for the 24 hour funding required to complete the purchase.If you are interested, let me know and I can go into more detail, as well as make some other suggestions for you to consider.
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12 January 2025 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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7 February 2025 | 38 replies
@Tom Nagy There are a number of existing forum threads covering the challenges RAD Diversified has faced with a number of investor's personal accounts of their own experiences.
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23 January 2025 | 2 replies
Part of this is due to marketing and pre-marketing of the home - an agent is your marketer.