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20 September 2024 | 7 replies
The total loan amount for the purchase and rehab can't exceed 75% of the after repair value of the property.
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18 September 2024 | 10 replies
Buyers agent will still be paid, but now you have to communicate your value to your client.Jumping from one thing another isn't going to solve your issues.
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20 September 2024 | 5 replies
Its just very rare that this happens and this is mainly paranoia getting into peoples brain that they would need some sort of protection because of some high profile cases that have gone around the internet.
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17 September 2024 | 17 replies
Current value based off Zillow is 435k.
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20 September 2024 | 1 reply
The value of the house has tripled in 10 years.
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18 September 2024 | 7 replies
If you are living in Cincinnati, Oh, I would highly recommend checking out Cincinnati REIA: https://www.cincinnatireia.com/It's a great place to meet other investors in person, and they provide a boat load of education that is available in person and virtually.
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16 September 2024 | 0 replies
The location in Linden, MI, and the property's structure offered an excellent opportunity for a significant value boost through a fix-and-flip strategy.
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18 September 2024 | 13 replies
Unless there exists some alternative revenue source for a Paperstac-like platform to profit from (beyond transactions) or some amazing value proposition not already provided by Paperstac, it's hard to envision a similar site for smaller players doing well.
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18 September 2024 | 7 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.