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20 January 2025 | 0 replies
One of our most trusted developers from Yucatán, Mexico, who’s been making waves with their focus on sustainable growth, innovative design, and delivering great value to investors, is taking a big step—they’re building a luxury resort in Orlando!
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29 January 2025 | 11 replies
Focus on the actual deal first.
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21 January 2025 | 4 replies
If you're at all interested in North Carolina, consider the Triangle (Raleigh / Durham) and Triad (Greensboro / Winston-Salem) areas, which are my focus for both clients and myself.
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24 January 2025 | 6 replies
That's why I'm focusing on education first; I want to set a strong foundation before making my first deal.Apologies in advance-I'll be asking too many questions, just to warn you-but I really feel delighted to be aboard, learning from each and every one of you and subsequently sharing my own successes.
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27 January 2025 | 12 replies
A lot of the success stories and content we’ve seen in the past came from a very different rate environment, so I’m definitely factoring that into my approach.For now, I’m planning to focus on the Jackson County/MO area, specifically around Lee’s Summit where I have some local support from family.
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20 January 2025 | 37 replies
Keep that focus, but as you learn things will change...
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18 January 2025 | 9 replies
We have never focused on one area huge mistake.
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21 January 2025 | 1 reply
We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).
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23 January 2025 | 4 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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18 January 2025 | 16 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.