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27 January 2025 | 12 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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11 February 2025 | 2 replies
I hope this is a help and if you need any help with financing options feel free to DM me.
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11 February 2025 | 1 reply
I found a decent plumber and electrician but I definitely need more connections for my team. feel free to reach out / connect I'm open to any advice also. just trying to learn and grow.
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3 February 2025 | 9 replies
Offer to do his inspections for free in exchange for some education on how to find, analyze, and fund deals.
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4 February 2025 | 5 replies
Feel free to shoot me a PM to discuss, I am happy to share knowledge and answer any questions you might have
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9 February 2025 | 8 replies
cost of doing the deal.
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8 January 2025 | 27 replies
Curious about the reason, I consulted my home insurance broker, who informed me that the property had a water damage claim filed a few months ago, which is causing insurers to be cautious.This information surprised me, as it had not been disclosed by the seller.
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18 January 2025 | 10 replies
It's the cash you put in that's your cost for the property.
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27 January 2025 | 27 replies
My budget is in the $200-250K range.Please feel free to let me know if additional details would help, and thank you in advance for your time and advice!
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21 January 2025 | 20 replies
Yes, I’ve got a mortgage on it now, but my cash flow went from only $1000/month to $2400/month and I picked up 3 more properties basically for free with no out of pocket cash to buy them.