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Results (10,000+)
Jordan Hamilton Guidance on Tax Filing and Mortgage Considerations
10 February 2025 | 4 replies
Depending on the way their company operates, you filing your property as an investment on your taxes may be considered an issue for them depending on how stringent they are.
Jeffrey Bourque Found a Deal but Not Sure
27 January 2025 | 7 replies
Also I have not worked out the financing yet. if I just use my cash then the Cash on Cash drops to 8 or 9% and that would be below my Cash on Cash target.Generally speaking and of course just numbers I picked out of the air for reference when running numbers in my head, I am looking for Cash on Cash greater than 15%, high probability of long term occupancy, and no expected major Capex for 2.5 years after purchase and purchase time repairs which I would add into the cash on cash evaluation before pulling the trigger.So there are some more details to be worked out in my head but being it is my first one and only learning what I could from youtube videos I thought I would get some feedback.With all that said, in my head it seems like it could be a good start.Thanks again Jaycee and Gavin for your feedback.
Ryan DeRobertis Considering first investment property in Puerto Rico
2 February 2025 | 14 replies
--Financing:I would like to do 20% down, or more if needed, but I would like to avoid 100% cash offers as it would likely be the majority of my liquid assets.Question: How does financing differ from the mainland?
Anthony Klemm early stage strategy comparisons
10 February 2025 | 16 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
Michael Figueroa Looking for mobile home investors
8 February 2025 | 1 reply
I know it’s more difficult to sell this so I’m looking for a company or group of Investors that would be willing to buy as is.
Scott Davis How do I scale
19 February 2025 | 14 replies
I'd suggest staying away from the typical TK companies
Scott Lorence Mid Term Rental
21 February 2025 | 9 replies
Working on finding a local agent and management company.
Grant Woodward Pool liability mitigation
4 February 2025 | 13 replies
Follow all safety requirements your Insurance Company plus city and county require.This usually includes childproof access and alarms.
Zane K. Out-of-State Investors: What Would You Change If You Started Over?
21 February 2025 | 10 replies
Definitely want to talk/meet with a few different ones if possible and try to get to know them and their companies if possible on the front end so you don't have to fly in after the fact. 
Cody Caswell How to Save Thousands on Cabinetry Cost
6 February 2025 | 15 replies
The days of using Kitchen and Bath companies for the cabinets and countertops in your flips are over.