
2 December 2024 | 14 replies
1) Check with state building dept to see if they have a valid builder's license and if any negative issues with it. - PRO TIP: many builders lose their license then create new company in name of wife or other relative/friend.2) Check Better Business Bureau, but don't assume all the complaints are legit. - If there area MANY, then that is a problem.

2 December 2024 | 5 replies
On the negative side you will need to show how you will use the property to generate sufficient income.

5 December 2024 | 18 replies
Any insight, positive or negative, would be immensely helpful.

29 November 2024 | 6 replies
The cap rates seem to be inconsistent and not aligning with really anything...3% to 5% on older buildings with higher risk, not great tenants, in not great areas and not a lot of cash flow or even negative cash flow based on current listed price.

2 December 2024 | 5 replies
However, this introduces a level of risk to the equation because now, as has been mentioned, instead of going to $0, you could end up negative big time!

3 December 2024 | 29 replies
People getting laid off in similar companies like Coca-Cola, JC Penney and Sears will post the same negative reviews about a company and I completely understand that POV.

1 December 2024 | 3 replies
Negatives of this purchase: home does not cash flow or break even if I decide to move out of the top portion.

2 December 2024 | 2 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.

30 November 2024 | 14 replies
It depends upon how negative you think you're gonna go.I wish you luck.

3 December 2024 | 7 replies
But 3) Try multifamily specific brokers, crexi and loopnet, although 2-4 units maybe scarce. 4) A home equity line of credit is a good source of funds however it will generally make your overall monthly payments higher, so unless a deal is very solidly cashflowing, a HELOC may put you into negative cashflow. 7) Typically electric/gas are paid by the tenant - however this isn't true across the board.