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12 June 2024 | 8 replies
Additionally, any resources, articles, or tools that you recommend for a beginner like me would be greatly appreciated.Thank you in advance for your support and advice.
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15 June 2024 | 6 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 June 2024 | 0 replies
Any feedback on this deal is highly welcomed.
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14 June 2024 | 8 replies
If you don't already own a primary residence, I highly recommend researching the investment strategy of house hacking.
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13 June 2024 | 10 replies
Neighborhood quality can vary street to street in some areas and there can also be stark differences in tax rates and city ordinances in some suburbs.
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13 June 2024 | 31 replies
I also use the Vrbo tools and it provides all the automation I need and I'm not spending money on a bunch of extra software
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12 June 2024 | 46 replies
The orange beach came to play bc of low taxes and basically same beach quality.
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14 June 2024 | 5 replies
We are now disabled and maintaining the land (in city limits) is becoming too much, AND property tax values are TOO high, due to a few lots that keep selling and owners later finding out new fema guidelines have made lots unbuildable.
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16 June 2024 | 16 replies
I’d like to have about 25k for a down payment and I currently have 15k saved up already in a high yield savings account.
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16 June 2024 | 23 replies
Being in Texas with a lot of drill rod, if you have a welding friend with a high lift, I would look to do Canopy parking.