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15 February 2025 | 10 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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5 February 2025 | 10 replies
I'm thinking long term rentals will be a good retirement plan.
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18 February 2025 | 6 replies
That's a good point, Tony.
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23 February 2025 | 10 replies
As others said, if you have good equity and could sell if you get in a bind, you are ok.
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3 February 2025 | 25 replies
I wasn't planning on going this big for my first investment but the deal, location and potential to value add was too good to not go for it.Thank you!
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19 February 2025 | 1 reply
I've spent a good deal of an hour clicking around in circles on the DHA webpage and setting up a profile with their bob.ai platform but cannot seem to get real answers or the ability to speak to someone about the details.Anyone have experience with voucher program as a land lord?
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22 February 2025 | 8 replies
She is a real estate agent but rents so no property to place a lien on.Sorry to hear this but its good that you share this as people only see $ signs when the think seller financing.
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11 February 2025 | 5 replies
That sounds good and makes me want some State Road Pizza right now!!
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4 February 2025 | 7 replies
You will start with the larger pieces and fill in with accessories, wall art, rugs, and decor.Because I own cabins in a mountain environment, I try to avoid the new case goods.