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10 February 2025 | 22 replies
My only reply here is to say to simply focus on the business objectives.
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19 February 2025 | 29 replies
Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!
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29 January 2025 | 22 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.
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29 January 2025 | 18 replies
If you're still not having luck sourcing a wholesaler, your next best bet is to network and connect with an investor-focused real estate agent.
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30 January 2025 | 5 replies
You have every right to be outraged at the offending party and that's the tenant.Stay focused on what matters and that is getting back in business.
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4 February 2025 | 87 replies
The money partner on these deals will bring in about $35,000 to $50,000 for each deal and the expected IRR is around 25%-35% each year for the 3 year period essentially doubling their money in 3-4 years.So rather than focusing on picking up a couple of coaching clients this year, I think I am just going to focus on finding money partners to buy deals with.
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24 January 2025 | 21 replies
It is a tough market and there's nothing wrong with taking a breather and waiting for things to stabilize while focusing on savings and education.
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24 February 2025 | 35 replies
They tend to be more focused on selling the program, then fulfilling the expectation.
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29 January 2025 | 10 replies
Focus on getting the first one and try to buy one a year.
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27 January 2025 | 12 replies
You want to focus on areas where you have a competitive advantage (you have lived there or you have family and friends there) and then compare those areas against widespread list of great areas to invest.Good luck!