
10 May 2024 | 30 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.

10 May 2024 | 7 replies
Scott, I would HIGHLY recommend going some details and running some examples through it so people can make an informed decision on which one to use.

10 May 2024 | 4 replies
For example, I live an hour away from the office.
10 May 2024 | 4 replies
I prefer to stay in mostly owner occupied areas because it yields a higher quality resident that's more consistent over time and the homes typically appreciate at a faster pace.

10 May 2024 | 7 replies
Track rentals typically make the most money if they are VERY close to the track.

10 May 2024 | 4 replies
The more skill and experience acquiring and managing properties you have the easier and more lucrative this strategy can be, and perhaps how you're seeing examples of people scaling quickly.I also don't see people have much luck asking for someone to mentor them in the forums.

10 May 2024 | 4 replies
An example of this would be mixing your personal money and LLC money in the same bank account.3.

10 May 2024 | 23 replies
Poor work and poor service get called out publicly, for example right here on Bigger Pockets, and reputation drives business.So, contrary to your statement, myself and my colleagues have tremendous incentives to provide excellent service and protect our reputation.