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13 January 2025 | 11 replies
I will also have my agent there with me to offer comps to aid in their appraisal if they are receptive to it.
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27 January 2025 | 10 replies
I have been investing here for years and I focus on the BRRRR strategy.
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28 January 2025 | 1 reply
Investors should keep an eye on government spending in housing to understand how these changes might shape local markets.At the same time, Bessent’s focus on driving GDP growth could bring a surge of opportunities.
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23 February 2025 | 80 replies
But:Talk is that over 200,000 probationary government employees, 14,000 permanent US AID employees, thousands of IRS employees, thousands of Dept Of Education employees and a long list of other departments are about to or have gotten more thousands of layoff notices.
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1 February 2025 | 2 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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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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26 January 2025 | 5 replies
Quote from @Dave Chengoue: Quote from @Wale Lawal: @Dave ChengoueIt's great to see your focus on multifamily properties and your clear plan for self-management.
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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.