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18 January 2025 | 16 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.
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17 January 2025 | 17 replies
The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.
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12 January 2025 | 14 replies
Got a negative review for not having a garage to use in the winter….
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12 January 2025 | 1 reply
Is Real Estate Bees a legitimate and good source for leads?
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29 January 2025 | 31 replies
That leads me to believe that this is a commercial property or larger (more than 10 to 12 units) multifamily.
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12 January 2025 | 8 replies
We are frequent users of the Rental Property Calculator and have found a few promising leads thus far but also know that is just the beginning of the process.
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17 January 2025 | 40 replies
Recently, Woodfin, which is just North of Asheville, under the leadership of some of the people that formerly lead Asheville's STR initiatives, adopted similar restrictions.
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2 January 2025 | 37 replies
But as a new investor, sometimes this advice leads you to only have cheerleaders in your life.
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20 January 2025 | 62 replies
They are the worst company to deal with ever.I then asked a few other real estate attorneys and their response was the same.The negative reviews shared are exactly what happened to me.In addition i have personally had over 100 loans in my lifetime.
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15 January 2025 | 15 replies
., the new RI rental registry and associated lead paint inspections/certificates).It's up to you whether you're able to do it, but I think you'll get a lot out of the experience if you can try it for a year or two.