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26 December 2024 | 13 replies
Unless you can handle all aspects of the project yourself - I would hire a general contractor (GC) for the rehab project.
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15 December 2024 | 13 replies
I would not go into an investment knowing it would have negative cashflow.
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24 December 2024 | 9 replies
The design aspect is fun too—you can get really creative with how you furnish spaces depending on your tenants' preferences.That said, it’s definitely more on the lighthearted and quirky side, so don’t expect hardcore realism.
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4 January 2025 | 35 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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24 December 2024 | 25 replies
Once they cut the govt spending that is going to equate to negative job growth most likely for periods of time.
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16 December 2024 | 43 replies
I don't know but I do not think you would be able to tell if he was good or not since you are so wildly confused by every other aspect of this business.
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25 December 2024 | 12 replies
Stick to these tools, and you should be significantly happier with your next renters Thank you, I did screen all aspects and everything looked good in the beginning but the biggest problems seems to be the renter big off more than they can chew.
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22 December 2024 | 14 replies
Hey BPer'sI am trying to understand the legal aspect of security deposits as it pertains to a trust account in North Carolina.
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31 December 2024 | 13 replies
**eForms**: They offer a comprehensive remodeling contract template that covers all essential aspects like payment terms, project timelines, and termination rights2.
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12 January 2025 | 185 replies
Sure there’s some truth to it and you hear a lot of people say it, but it’s pejorative and negative.