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10 February 2025 | 9 replies
I have excellent credit and good paying job approval will not be a problem.
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12 February 2025 | 22 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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12 February 2025 | 8 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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30 January 2025 | 7 replies
Today's end of the day job: putting on a new door.
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20 January 2025 | 10 replies
The operations will make or break you.
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3 February 2025 | 9 replies
I'm not sure how I would offer to do a specific job or task when I'm not even sure of the tasks that are typically needed to be done in a RE deal. im not sure if my question makes sense to others but hopefully i could get some advice on how to go about offering my services of time. thanks for you time!
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30 January 2025 | 6 replies
Because we are vertically integrated, we can streamline operations and avoid many unnecessary costs, ultimately saving our clients money.Another crucial factor to consider is the experience and investment mindset of your PM team.
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4 February 2025 | 2 replies
I suspect I can build this in 6 to 10 hours, but it is always helpful to have another brain on the job. 3) There is an advanced function I would like to build, but sadly I can't recall the mathematical functions necessary to make the calculations.
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24 January 2025 | 6 replies
A lot of operators don't focus enough on the asset management component and rely too much on the PMs.
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11 February 2025 | 15 replies
Start talking to lenders now, but wait to get pre-approved until you have a job offer with a firm start date.