24 March 2024 | 11 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.

24 March 2024 | 12 replies
That means collecting the last three pay stubs then calling to verify that they do actually work there (stubs are forged so much these days).
24 March 2024 | 13 replies
Then backout at the last minutes leaving the the homeowner with no other option but homelessness.

22 March 2024 | 5 replies
It's essential to understand the potential tax consequences before taking out a loan from a retirement account.Before proceeding with a 401(k) loan for the down payment on investment real estate, it's crucial to thoroughly research the rules and implications specific to your husband's retirement plan.

24 March 2024 | 13 replies
I am learning from all of you, and one day I hope to be a source of wisdom for those who post here.Since I last posted, I have had two parties sign up on Airbnb for the place, so I am booked till the end of June.

24 March 2024 | 6 replies
Last on the list is many also "self manage the property", guess what happens if there ever is a lawsuit?

23 March 2024 | 8 replies
I have a track record of why it went down with dealing with two broken legs over the last two years with a few surgeries in between and can show proof of all my surgeries etc.
25 March 2024 | 214 replies
You guys would be the LAST agents I would ever use to sell my house.

25 March 2024 | 28 replies
Our Company sold a small none performing 18 unit apartment building in Cal City last year for under $23,000 per door.

24 March 2024 | 10 replies
Lastly If you don't intend to live there you might consider a house manager, and definitely consider additional cleaning costs and parking.