Erich Oertel
What cities are still great to invest in
6 December 2024 | 45 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.
Travis Champ
Denied insurance for Fire Risk Zone on STR coverage
29 November 2024 | 10 replies
I personally have a rural long term rental placed with them with decent coverage at a good price.
Charlie Krzysiak
Advice For After College (CONDO v.s. HOUSE)
27 November 2024 | 13 replies
They are going to be the cheaper alternative for SFR, so in theory you should get some decent appreciation gain and good tenant pool.3.
Michael Baum
Mike's Deal of the Day - Black Friday Deals!
27 November 2024 | 7 replies
Hopefully some decent deals!
Robby Sanchez
Little late but here it is!
23 November 2024 | 1 reply
After all, you miss 100% of the shots you don’t take.
Marc Shin
Dishwasher, clothes washer, Clothes Dryer
27 November 2024 | 10 replies
Yes you need these in a decent STR property.
Bruce Woodruff
Agents: When you list a property on the market and upload photos, which comes first?
20 November 2024 | 11 replies
Definitely best exterior front shot first.
Ricky M.
FSBO or agent to sell tenented investment property in Florida
23 November 2024 | 3 replies
I want to give it another shot to sell, but this time as a tenented, turn-key with 12-month lease in place and great tenants.
Adriana V Alvarado
Invest in Bay Area California? Just starting Out
5 December 2024 | 22 replies
FYI- Those prices are at least double, for decent neighborhoods in SF.
Kristin Boekhoff
Where Can I Get Commercial Insurance?
25 November 2024 | 2 replies
I am about to close on my first multifamily property (5 units) and I am having a hard time finding an insurance company that can give me any kind of decent rates.