Giovanni Magana
First Post, New member but Old Listener
20 January 2025 | 12 replies
I have a W-2 Job, capital saved up for a down payment (or two), and a buy box based on my affordability.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 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.
Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
Being able to look one of these sellers in the eye and tell them that you can, as a licensed agent, either list their property or attempt to assign the contract, assuming wholesaling is legal in your state, is a huge credibility booster.2) Get an entry-level job, hustle, save as much as possible and plan to house-hack when you turn 18-21.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
You seem to have done a great job with this property so far.
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
Once you narrow it down, start with small jobs to test their reliability and quality before giving them bigger projects.Building a solid network takes time, but having dependable people on call is a lifesaver for your rentals.
Anthony Bodota
New to real estate and ready to learn!
15 January 2025 | 2 replies
With the future being so uncertain I realized there was a need to do more than just rely on my job for financial security.
Lauren Merendino
Pre retirement Strategy
1 February 2025 | 30 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.
Brenden Stadelman
Is The Investers edge legit?
10 February 2025 | 21 replies
I acquire properties for my brokerage to wholesale so the software can help me in my job and personally.
Chris Steinman
Rent or sale and new location
16 January 2025 | 1 reply
I just lost my job a few days ago, the reason for picking any state nothing tying me down to this area.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
And service sector jobs and wages follow where those top-line incomes go.