
15 March 2024 | 21 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.

17 March 2024 | 24 replies
Make sure the lot you buy has access to water / utilities.

16 March 2024 | 4 replies
You will need to get a new loan.Personally I am not into the tiny home thing unless it is sitting on a foundation with full utilities and even then I am dubious.

16 March 2024 | 4 replies
Between the four 1b/1b units, the property generates $3,800 in total rent, and all utilities are paid for by tenants.

16 March 2024 | 2 replies
@Erin MaloneIf they were to be done with repairs and did not finish and close then they typically are in violation.

16 March 2024 | 3 replies
When you can utilize every avenue possible to generate some income.

16 March 2024 | 6 replies
You will typically be hard up to find a brokerage that is an MLS member but not a Realtor association member.

16 March 2024 | 2 replies
I'll typically contract work out, unless it's something I can handle myself - Residential purchases to turn into rentals (12 months or longer)I read a few posts and did some research, but I want to be sure I am selecting the right NAICS code.

16 March 2024 | 5 replies
but what you do all depends on what it is refrigerators waiting typically isn't an option.

14 March 2024 | 7 replies
We prefer hands-free as much as possible (most utilities and services for us are tenant-responibility).