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8 October 2024 | 6 replies
I sure am glad to see the communities come together to help each other.
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8 October 2024 | 12 replies
I routinely have dogs run through the screen around the pool, as I don’t think they see the screen.
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8 October 2024 | 3 replies
Quote from @John Federic: I ran some numbers for you using the Cashflow Analyzer Pro from AssetAFC.com (see the attached picture).From my perspective, this deal still looks acceptable, even though it won’t cash flow in the first year, assuming a 5% vacancy and 5% for repairs.
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8 October 2024 | 10 replies
I want to start investing in real estate, and I am going over all these books to see the type of strategy that I am going to follow.
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9 October 2024 | 11 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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6 October 2024 | 5 replies
I definitely see the growth potential in Durant.
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8 October 2024 | 9 replies
You could try that but I can see the seller not being interested in a big price reduction due lost potential earnings on something he has not done or you have not done yet.
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6 October 2024 | 4 replies
My advice is to keep searching, see the whole gameboard, and let the financials be your guide to great opportunities!
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6 October 2024 | 8 replies
I see the numbers making sense from how they've listed it on the site.
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6 October 2024 | 2 replies
See the disconnect?