Shayan Sameer
Using Home Equity for Fix/Flip or rental property
6 January 2025 | 8 replies
Other risks, the contractor walking off the job, a storm hitting and delaying the project for weeks, someone breaking into the home and stealing stuff (which happened just the other day to a client of mine), a squatter, or drunk driver driving into the house (happened a lot at my old job as a firefighter lol).
Mayer M.
Real Estate Professional Status/Time Tracking
25 January 2025 | 91 replies
We have a good sized portfolio and i left my corporate job in 2021.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
(+1 sub)speaking of uncut gems. it's interesting that was the movie you were going to watch, given your situation. can't really compare RE to gsmbling, but the guy had heart and wouldn't give up for nothing. great job on persevering thru this storm!
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
2 February 2025 | 22 replies
I'm a divorced dad to four and I'm working two jobs and never around to see my youngest.
Henry Clark
Self Storage- Will they come? Market size?
1 February 2025 | 22 replies
Just use google maps and you can do a good job counting the number and size of units.
Amy Smith
Investing as we move into "retirement."
5 January 2025 | 5 replies
I do know managing more than 1 property is a tall task unless that is pretty much your job.
William Nast
Las Vegas Padshare
4 January 2025 | 0 replies
He did a good job but looking back on it now I think I could've done alot better with more insight and direction How did you finance this deal?
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
Tampa, Riverview, and Wesley Chapel are booming for BRRRR and long-term rentals due to job growth and population demand, while St.
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 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.
Josue Ramos
Best Markets To Invest
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.