
16 October 2024 | 27 replies
the only ones that make this work are LAWYERS and PRIVATE Detective type companies .. the only ONE"S making money on this are these guys just dusting off OLD material joining the modern SM craze to suck in newbies that think they found some new system LOL..

14 October 2024 | 2 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.

15 October 2024 | 5 replies
It sounds like you've put a lot of work into this renovation.First, let's break down your options:### Selling the Property- You've estimated a potential profit of $58k, which is a significant return on your investment.- Selling now would give you immediate cash to reinvest or use for other purposes.### Renting the Property- With a projected rent of $1450, you need to calculate the Debt Service Coverage Ratio (DSCR) to ensure it's viable

13 October 2024 | 24 replies
I bought a State Farm policy on a STR and LTR, their prices were competitive and they were easy to work with considering the home is 100 years old.

12 October 2024 | 2 replies
Purchase price: $95,000 Cash invested: $25,000 House went to tax lien auction, homeowner was going to be homeless with no money.

16 October 2024 | 6 replies
Very few succeed with this model and those who do are the contractor types who are driving around in their work truck putting out fires all day.

14 October 2024 | 16 replies
I'm self employed, no other "job"I have STR insurance policies that show a line item for Loss of Business Income.

15 October 2024 | 12 replies
I would love to work with an experienced wholesaler so please reach out if you are interested in being a mentor!

15 October 2024 | 2 replies
Trust me no one is going to get into seller financing for a rate cheaper than market rate.