Eddie Espinal
Has any body here used PadSplit for their rental properties?
14 December 2024 | 22 replies
This class will include hands-on deal analysis and a tour with a contractor to learn how to convert a home to the optimal PadSplit setup.
Teekap Pate
Tenant applicant - Prior eviction, decent HH income
13 December 2024 | 7 replies
Class A.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
@David Dachtera, I did the same exercise in a COBOL class ;)
Joseph Chacko vellukunnel
Rookie investor exploring a multi family in jersey city heights
17 December 2024 | 8 replies
. - Renting in this area is solid, I've gotten what they call B class tenants and more or less they've been great.
Scott Zeiger
Appliances
17 December 2024 | 29 replies
They're working class or in lower income areas.
John Postma
A couple deals under my belt, but at a stand-still and need a coach/advisor.
13 December 2024 | 32 replies
Each class you need to take is based on the required knowledge for the next class(s).
Daymian Mejia
House Hacking in NorthShore
16 December 2024 | 6 replies
They're already there and given the holiday season, probably the traffic is light, so you can chat then up for 10-15m about the area, rental class, as well as any remarkable developments in the area that would positively impact that home/area.
Tom Dieringer
What are some of the biggest differences between an urban STR and vacation market STR
14 December 2024 | 4 replies
My metro STR is much cheaper(180-280 nightly) and in the “burbs” which tends to be working class clientele, which is okay.
Mike Johnson
What to expect in Property Management
16 December 2024 | 9 replies
Depends on the Class of the property/tenant.Class A, you may just have occassional maintenance issues.Class B, more maintenance issues, some tenant payment issues, some tenant drama.Class C, a lot of maintenance issues, a lot of tenant payment issues, a lot of tenant drama.Class D, too much to list.
Kevin Collins
REI Nation Experience
31 December 2024 | 32 replies
., etc. for example finding cash flowing investment properties which meet your ROI goal of 9% is NOT HARD heck almost every state (and likely every state) has a market which will achieve that but what does 9% mean without a dollar value if 9% is = to $200 or more okay that’s okay but if 9% means $25/mo. or alternatively if 50% ROI means $25/mo. doesn’t really matter much since although labor differs from area to area it doesn’t differ that much and also doesn’t really leave much room for error — so your minimum accepted ROI should also be couple within a minimum accepted $$ value (cash flow) and other minimums as well (i.e. min. equity, property types, property classes, etc.)Lastly as I mentioned achieving a 9% ROI is not hard and is achievable in every state; the HARDER part is to 1) achieve that AND 2) achieve 10-20% min.equity on the buy in or ARV AND 3) meeting your min. $ value AND 4) buying in a good/stable neighborhood/market AND 5) buying with some type of upside AND 6) etc. etc. etc. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.