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18 December 2024 | 9 replies
Great credit scores and plenty of income from my W-2 source.
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2 January 2025 | 50 replies
It is really that simple.Also, compare to any other industries, Airbnb and Vrbo are incredibly friendly toward sellers.
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6 January 2025 | 25 replies
While those are all considerations and options you have a license and skill that is incredibly valuable to anyone who wants to transition into real estate full time....the ability to charge for your time.
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1 January 2025 | 26 replies
Misled by gurus on YouTube hyping how people JUST LIKE THEM with no capital, experience or real estate education, can join his mentorship and make these incredibly profitable deals.
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16 December 2024 | 13 replies
Agree , those are all incredibly important as is good property management and the ability to price the property correctly based on your competitors rates( dynamic pricing ) .
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25 January 2025 | 155 replies
Establish a credit profile, credit score, and opportunity to apply for advanced credit/ OPM "other peoples’ money" to leverage for even more deals"So, really, you're paying $1K more to going Pace's Training because it already includes Prime's Corporate Credit Coaching.
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18 December 2024 | 12 replies
Mail campaigns targeting older neighborhoodsConnect with actual Austinites: This has been incredibly useful for me.
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19 December 2024 | 15 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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16 December 2024 | 8 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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19 December 2024 | 4 replies
Hey Trevor,Man, this situation sounds incredibly frustrating, especially since you’ve clearly done your due diligence on this property.