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24 February 2025 | 3 replies
@Corey Pinch if you're a go-getter, make sure you find a company, or negotiate, that you're directly rewarded for your hustle - commissions, bonuses, etc.
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24 February 2025 | 2 replies
Voluntary Filing: Companies can still submit BOI reports voluntarily.
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18 February 2025 | 13 replies
As you were in property management, not sure if you ran your own company, but as you look at it..
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22 January 2025 | 15 replies
: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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25 February 2025 | 23 replies
You just need a very savvy real estate agent, a lawyer, a title company and a good relationship with the lender.
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7 February 2025 | 7 replies
Inevitably there will be some "friction points" that you'll have to discuss/mediate, but ultimately if they are not willing to adopt a majority/all of your processes, then I think you mutually set up a date that works for them to move. e.g. 60 days, 90 days, etc...
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18 February 2025 | 9 replies
I was going to wait to build my portfolio bigger before starting an numbered company, but I'd like to hear what the BP community has to offer in words of advice.Here are the current numbers I'm working with.
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18 February 2025 | 16 replies
Do you use a property management company?
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10 February 2025 | 1 reply
My partner and I have a General Construction company (CSL).
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22 January 2025 | 2 replies
As an investor trying to sell your flips, choosing design elements that the majority of homebuyers will love is important.