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14 May 2024 | 3 replies
The 3 of the first 4 are within a .1 of a mile the other 3 are across a major street in a neighborhood closer to an area college.
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14 May 2024 | 4 replies
If there are legit issues with the rental that's on me.
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14 May 2024 | 15 replies
Even if California will not relent on adjusting emission control standards, and the more than 1,000 supplemental workers at the Stellantis Toledo Jeep plant who are expected to rise to full-time permanent status are laid off, on balance, local incomes are rising.For the vast majority of individuals, a home is the largest single investment of a lifetime.
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14 May 2024 | 7 replies
Instead, I use established companies specific to the issue.
15 May 2024 | 21 replies
For your first property, you probably don't want a major renovation project but if say 2-3 units are in great condition and you need to fix up 1-2, this wouldn't be a big deal.
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16 May 2024 | 17 replies
The issue is in the short term it takes sacrifice to yield long term gain.
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13 May 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.
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14 May 2024 | 2 replies
These could lead to issues with zoning, future appraisals, and insurance.
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14 May 2024 | 7 replies
They are quick and responsive in terms of providing a quote, doing paperwork, and then answering questions, but I haven't actually had an issue yet.