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17 January 2025 | 19 replies
None of the major institutions have come close really.
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19 January 2025 | 41 replies
However, in the vast majority of cases they won't even investigate the claims telling the victim to proceed in civil court on their own.
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8 January 2025 | 12 replies
@Nick WimmelYou can get decent cash flow and demand for rentals is likely to stay strong in the area given the proximity to major job centers in Cincinnati and Dayton
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7 January 2025 | 22 replies
Insurance cost for weather-related disasters is growing to a major concern in many of the southern markets.
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7 January 2025 | 4 replies
Outside we had trees taken down that were going to cause major future problems with the roof, gutters and the view.
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6 January 2025 | 14 replies
Unless a MH is put on a permanent foundation on an actual privatley owned lot, the majority of mobile homes depreciate in value over time.As @Greg Scott mentioned, you can find cashflowing deals if you know HOW to look.
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9 January 2025 | 30 replies
This is the foundation of why LaPlante Real Estate is based in portfolio management and property management... my personal portfolio started in 2009 and I find the majority tends to be Section 8.
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2 January 2025 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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7 January 2025 | 27 replies
Look, I have no idea who Eric is, what type of person he is but I will say after a quick search I saw that he did in fact sell his company for MAJOR $$$ and that he is active in Section 8, no idea if his course is good or garbage but still felt the urge to respond because I am so tired of hearing SCAMMER, find it online to EVERY SINGLE post asking about any course. anyone who actually sells their business and nets 110 mil is NOT going to dive into Section 8 or any real estate for that matter other than fine personal residences etc.. they retire and spend it.. so I dont think so.Plus section 8 is simply not complicated its run by the Sec 8 folks in each city.. nothing magical about that.. its a tough way to go being a section 8 landlord lots of drama.
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3 January 2025 | 11 replies
ALL of my major problem tenants happened to have had a average (adults in the household) score below 625.