Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Timothy Frazier
Hard Money Loan
1 February 2025 | 16 replies
You'll generally still need some cash or liquid assets to get the deal done though even if they fund 100%.
Benjamin Carver
Raleigh-Durham 2025 Real Estate Market Outlook
24 January 2025 | 1 reply
But SFH are already seeing renewals at 2%-4% and release rates up at least 5% YoY...that number is even higher on some luxury ($3k+/m rent) homes as those are harder to find.The rest is entirely speculative.
Joshua Simmons
Introduction to myself
20 January 2025 | 8 replies
I will use the 2 weeks off I have every month to researchI have owned a rental property in the past and it was extremely lucrative for me, and I didn’t even know what I was doing then haha!
Jonathan Small
STR, Flipping vs Boring and Profitable Investing
16 January 2025 | 21 replies
Hahaha I'd bet anyone under 40 doesn't even know what that is :D OK.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
Your estimate seems low, but even at that cost, it will not add that value.
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
Even the nicer homes don't rent for over $2,750 a month there.
Kenyatta Barthelemy
Starting out in New Orleans/ Baton Rouge
27 January 2025 | 21 replies
Oh....you can also pay off the mortgage even faster with your ample income or soon to be ample income. 3-5 year payoff time is definitely possible.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Something I discovered recently is; if you have a QBO Accountant start your company and allow the Accountant to get billed, you will get a 30% discount even after one year, but if you create your QBO without a QBO Accountant you disqualify yourself from their Accountant discount.
Sophie Sawyer
My experience with Sunrise Capital (Mobile Home Fund)
29 January 2025 | 68 replies
I would still consider investing in Sunrise but Sun Communities owns everything in my area so I see first hand how they run it and a few park managers I spoke with spoke highly of Sun Communities and even toldme they had applied.