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6 December 2024 | 12 replies
So from the start, I have had a tax guy in my corner who I thought would help ensure my taxes were done properly... or so I thought.Now jumping to the here and now, my tax guy is in the middle of my 2022 return and I have been asking him questions back and forth for weeks and making sure he has everything he needs from me.
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2 December 2024 | 14 replies
We only have 4 units on section 8 right now, but in general, the system works well for investors IF you have a solid property manager who understands the subsides and does proper tenant screening.
2 December 2024 | 17 replies
@Nathan Gesner It's immoral to tell them they can't use the garage anymore (with proper notice), but it's not immoral to just evict them without the option to stay?
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7 December 2024 | 150 replies
You need to know your state laws and brokerage requirements so that you don't get into doing any brokerage activities unless you have the proper license.
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6 December 2024 | 21 replies
I'm not lazy or anything but I'm tired of working jobs that don't pay enough to properly support me or my dreams.
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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.
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5 December 2024 | 48 replies
I actually had some solid advice for you until I saw your reply to @Kevin SobiloThe post is impossible to provide proper advice.
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26 November 2024 | 1 reply
Trying to figure out the proper, best, and alternative routes to making meaningful relationships and wondering what the most effective means is to developing leads that may come along in the probate process.
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27 November 2024 | 5 replies
I'm a project manager by career, so I know with proper preparation, anything can be successful.
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28 November 2024 | 4 replies
Working with someone with proper knowledge about the market you're looking in is imperative for this.