27 July 2024 | 19 replies
Be cautious of cities that aren't proactive in job attraction; too much growth can lead to strict building regulations, affecting housing value.Other Factors- Favor cities with a crime index that has consistently decreased over a decade.- For appreciation, I look for a minimum of 2.5% YoY growth in median house values over the past 20 years but I don't use this explicitly in calculations.
27 November 2023 | 10 replies
This definitely makes me a little more cautious.
3 September 2019 | 278 replies
A non-broker investor is more pessimistic (which means more cautious) which is honestly a good trait.
19 December 2024 | 13 replies
Best to err cautiously and not really anticipate changes until they are material.
7 December 2016 | 22 replies
I don't think it's appropriate to call someone a micro-manager based off of my desire to help out once.Reality is that this is the first time I'm going Section 8 on any of my properties, and I'm a little nervous, a little more cautious, and trying to do what's right for the business - don't really see anything wrong with that.
3 September 2018 | 18 replies
I'm possibly being too conservative with the number(s) that I'm putting into the variable landlord expenses, but I feel as though I am being fair and cautious (I'm following Brandon's advice and setting aside about $200/month for CapEx), have a Vacancy Rate at around 5-7%, Repairs and Maintenance at 10%, and Management Fees at 10%.
6 January 2023 | 18 replies
Once again, not all bad, and also a lot of good, just be cautious.
25 August 2023 | 122 replies
You need to be very aware and cautious of prior "handyman" repairs, especially electrical work...some a lot of that is truly dangerous and scary.
22 March 2024 | 81 replies
I have done it but I am feeling cautious.
29 April 2021 | 12 replies
I would certainly be more cautious doing something like this with working capital, but since this is a 'longer' term investment via a SDIRA that eases some of my concerns.