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6 June 2024 | 2 replies
When I was working at an STR Fund, it was a relatively long process to get our homes listed on other sites besides AirBnB & VRBO.
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8 June 2024 | 21 replies
issue with sub to is its a fraction of the market by the time you find someone willing to do this for you your competition will have bought sold and profited on many deals..
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7 June 2024 | 2 replies
The issue I have and seen being thru several hurricanes in Florida is that once a hurricane passed and there is damage, most contractor's raise their fees as well as materials.
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7 June 2024 | 10 replies
.#1 we have relatively few duplexes in the whole North Texas area it seems, compared to other parts of the country.
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6 June 2024 | 4 replies
I ended up firing his team but the issue is he never finished his job and completed the inspection.
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7 June 2024 | 5 replies
If you're utilizing the house hack and low downpayment, I wouldn't think you'd have any issue hitting that target for a Cash on Cash or IRR.
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5 June 2024 | 9 replies
.$2M in, at this future time, lightly levered RE.Supposing this is close to what you’d love, one could spit out a financial plan that looked something like the following:- Max HSA- Max 401(k)Use leftovers to go on a shopping spree buying RE at relatively low leverage, potentially on 15 year mortgages, in local LCOL area (which probably also means a relatively reasonable cash flow market)Obviously I’m making a ton of assumptions here and will be wrong in ten places.
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5 June 2024 | 27 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+, 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, 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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8 June 2024 | 37 replies
It seems like one of those "too good to be true" things, but I have purchased 3 out of 5 properties that I currently own/rent out through people I know bringing friends, relatives, their distant friends etc.best of luck!