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18 February 2025 | 5 replies
You sell after 12 months and take no depreciation expense in the first year.
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25 January 2025 | 17 replies
It's no different than their 2-year, low interest rate teaser houses.
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22 February 2025 | 6 replies
There is no perfect property.
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17 February 2025 | 8 replies
I agree with @Michael Baum to call and make sure there is no ding on your account.
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22 February 2025 | 9 replies
@Stephen Akindona in our experience, the PMCs offering:- No Termination Fees- Tenant Replacement Guarantees- Eviction Guarantees- Flat Fee Management- Etc.only manage Class A & B+ properties, or bite off more than they can chew and their services suffer.
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18 February 2025 | 0 replies
I used to have CoStar with my previous company, but no longer have access.
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12 February 2025 | 15 replies
Not trying to be a debbie downer, but I see no news economically that is pointing to things getting better.
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23 February 2025 | 24 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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21 February 2025 | 14 replies
Best wishes If you've got to ask the question, then no you should not be self managing.
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12 February 2025 | 9 replies
In my seven years of investing, I’ve only partnered with my wife and my father and have no plans to change that any time soon.