Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
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Gregory Chadwell
Anyone use APPFOLIO?
7 January 2025 | 6 replies
This is the 2ND month the same problem is happening now, we have been with Appfolio for more than 5 years and have about 60 - 80 units collecting rental income through Appfolio and we never had this issue before with the previous Appfolio team.
Zach McKay
New Investor in New Haven, CT looking to Connect & Learn from Others
9 January 2025 | 9 replies
This is a great place to learn and to connect with people so take advantage of all the great resources.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
Our PMS tracks all the incoming money in instances where we collect and must remit.
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 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.
Lee Sanders
Hello from Boston MA
27 January 2025 | 25 replies
This is a great place to learn and to connect with people so take advantage of all the great resources.
Isaac Terry
Investing Out Of State - Starting
22 January 2025 | 20 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.
Chase Pomerantz
Newbies looking to break into real estate investing
7 January 2025 | 8 replies
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Dustin Horner
Hiring FT or PT
6 January 2025 | 5 replies
I just want to get the management side of things right if I were to commit virtually all of my resources to it.Best,Dustin The rule of thumb is somewhere between 80 and 150 units is when you will need FT maintenance (depending on age and amount of deferred maintenance).