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17 February 2025 | 1 reply
I am looking into residential construction companies and want to get an idea of the markets direction in the areas mentioned and start networking with investors in the area.
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30 January 2025 | 2 replies
Quote from @Stacey Wells: Hey everyone,I’ve been researching different funding options for real estate investments and business expansion.
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10 February 2025 | 16 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.
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27 February 2025 | 6 replies
That’s when we spotted something our initial search didn’t pick up—a recorded contract for deed that had been filed after the prior owner sold the property.We immediately went back to the title company and had them recheck.
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3 February 2025 | 5 replies
Online platforms like Zillow, PropStream, and Auction.com are worth exploring, and don’t forget to check out local real estate groups for deals and partnerships.Since you’re in Racine, the Rental Property Association of Wisconsin and Milwaukee REIA are great resources for networking, finding contractors, and learning about funding opportunities.
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13 January 2025 | 8 replies
They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).
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26 February 2025 | 22 replies
Will share the company through PM Chris.
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12 February 2025 | 11 replies
The property company they use was also very thorough in the way they handled the property.
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18 February 2025 | 17 replies
When we looked at purchasing a fulling running B&B it was more like 30% with a bunch of criteria we had to meet.Check out this link - https://www.sba.gov/funding-pr...The 504 is for large investments that drive job creation.
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20 February 2025 | 1 reply
The mother of a client of mine didn't want the land anymore and so I paid her what other acquisition companies wanted to buy it for.