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19 February 2025 | 6 replies
Even if they are not elderly or disabled, the court can grant them some time to move (or actually you can grant it as part of the court agreement)Everyone is having a hard time trying to find something affordable.Bottom line, give the proper WRITTEN notice asap to get the ball rolling.
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30 January 2025 | 21 replies
Even in a best case scenario you would have seasoning issues.
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2 February 2025 | 22 replies
$300-$400k will likely not get you even a 2-family in the best area of New Haven unless it needs a lot of work, but will get you a property in a top flight area of Hartford.
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7 February 2025 | 2 replies
Even work for them for years, yes years.
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6 February 2025 | 9 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.
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4 February 2025 | 17 replies
So why would you pay even close to what they paid at the peak of the market in 2022?
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29 January 2025 | 14 replies
if they were that great you'd never see them because they'd all get bought up before they even came to you.I think what @Travis Biziorek is saying is correct - you need a strong network to be successful.
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4 February 2025 | 5 replies
MF even on duplexes is often way overpriced.
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10 February 2025 | 6 replies
Even if you're the GC not swinging the hammer, you need a license.
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28 January 2025 | 4 replies
The reason I ask is because most deals I see on Crexi or Loopnet or anywhere else create negative cash flow under 7 or even 10 year terms with 7% - 8% interest rate.