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23 January 2025 | 7 replies
Chris answer is spot on.I'll add "quick closing".You won't find investors easily, you have to go to a lot of meetups to build them.
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18 February 2025 | 21 replies
@Luis Cerwin as others have stated, Nov - Jan is the worst time of year to have a vacancy.Majority of tenants live paycheck-to-paycheck, so all their income goes to Holiday spending starting with Halloween, then Thanksgiving, then xmas, then NYE.January is also historically the worst month for rent payments due to Holiday Hangover Spending.
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26 January 2025 | 10 replies
I'm a Realtor and I'm wanting to get into fix and flips by working with wholesalers and buying properties in neighborhoods with a good spread. I'm having trouble determining who's a good wholesaler and who's not. What...
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13 February 2025 | 22 replies
After time you can start finding them on your own after you learn more about the business.
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12 February 2025 | 19 replies
I have started to do some door knocking, and I see what you are saying!
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21 January 2025 | 2 replies
Hi Anthony, it sounds like you’re in a good position to start building your STR portfolio, especially with no debt, great credit, and rent-free living!
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7 February 2025 | 17 replies
That's the other challenge that i've learned, with only one month as SD, if the tenant leaves even in a relatively new build the fees add up.
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17 January 2025 | 4 replies
If you have the sellers, the buyers will start reaching out - it likely wont work for some of them and then you can ask what they are looking for and build relationships that way.
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2 February 2025 | 4 replies
Also, would this loan help build my personal credit, or would it only report to business credit bureaus under my LLC?
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14 February 2025 | 8 replies
So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyWe also obtain data from national databases about evictions, convictions, and sex-offender histories.