David Martoyan
How Creative Deals Can Save the Day in Any Market
24 December 2024 | 2 replies
Be an area expert on contracts, zoning, value add components, contractors, and so much more.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
Iyke Victor
Jerry Norton and Peter Conti...Legit or not?
1 January 2025 | 15 replies
I've wondered that myself and thought: If an investor was looking for birddogs why would the birddog have to pay the investor money before they began securing leads for the investor, that the investor would then in turn give the birddog an investor's cut on the profit end???
Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
Helena Goyvaerts
Belgian Investors Starting in Detroit Real Estate – Looking to Connect
2 January 2025 | 8 replies
.- Financing: Starting with cash but hoping to secure loans for future investments.
Ryan Goff
Grocapitus - Anyone have experience with them?
31 January 2025 | 170 replies
Neal and Jean-Marc were supposed to secure construction funds.
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
I credit you as an expert marketer and believe that when you post returns and create these graphics at least sometimes people reach out to you for information on how to participate.
William F.
What are your experiences with the different land ed course available?
26 December 2024 | 8 replies
While both involve finding and properly securing a site and bringing it to full entitlement, the ground-up process includes the land piece but gets way more involved and complex to execute.The full "Monty" for ground-up development needs to include financial literacy, an explanation of metrics, and how they work.
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
With your point, it seems like living security of 'where's next' for them will be the biggest obstacle for the seller to overcome.
Doug Wade
Best STR books to read!
30 December 2024 | 16 replies
In fact, many, though not all, of these “experts” are washed up and no longer active in the market.