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4 February 2025 | 10 replies
My guess is that their mentors are similar, no barrier to entry, and no major organization or entity that holds them accountable for ethics.
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12 January 2025 | 1 reply
Majority of DSCR Lenders do not allow Manufactured homes but do allow for Modular.
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17 January 2025 | 6 replies
This is my first major rehab and I'm trying to be creative about stretching my budget.
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25 January 2025 | 15 replies
All of the major metros in Texas are taking STRs seriously now.
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10 January 2025 | 6 replies
Going to networking events is a great place to meet people.
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31 January 2025 | 121 replies
At that time, i will have the knowledge and network to expand and build my portfolio at an increasing speed and then it will be part of my growing pains for my business.I will most likely have that CPA do my returns for the real estate and then have my Tax Accountant still do my Personal, helps with Checks and Balance and cost savings.Do you have cost segregation, or anything like that on any of your properties?
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27 January 2025 | 25 replies
Plus macroeconomics here in Columbus is booming right now because of developments from Intel, Meta, Amazon, Honda, and lots of major companies building out here.
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9 January 2025 | 10 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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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13 January 2025 | 14 replies
@Jeanette Land why don't you canvas your network to find a money partner?
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16 January 2025 | 5 replies
Personally If you like your current residence and hope to stay there long term I would forgo major improvements on my primary and use all investment savings to make you more money and cash flow.