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29 November 2024 | 18 replies
That way you are training him to go through the proper channels.
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25 November 2024 | 11 replies
The fact that a tenant is complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.
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26 November 2024 | 7 replies
With proper planning, this can be a great investment!
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21 November 2024 | 4 replies
You sit down and weight the pros of cons in the end.
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25 November 2024 | 23 replies
Are you printing standard envelopes #10 etc or do you print any heavier weight or custom size envelopes?
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25 November 2024 | 12 replies
@Anish KoshyThere is a lot of information out there on how to do your proper due diligence on a syndication, including the sponsor.
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26 November 2024 | 6 replies
Connect with local investors and experts for a house-hacking strategy and ensure proper permits for rental properties.Good luck!
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1 December 2024 | 25 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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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26 November 2024 | 11 replies
Make sure you are properly screening your leads the same as you would for long term renters.
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19 November 2024 | 3 replies
also noting most people arent' aware but the credit score run by a mortgage lender and say a general lender like a bank are actually going to be different scores (and likely slightly different ranges) - with some greater weights on mortgage debt for the mortgage lender Credit Bureau settings